Brunswick Manor, a 60 bed care facility, closed its doors in September when it lost its accreditation. The liquidator, Shane Deane, says 16 residents have lost their bonds, some as high as $449,000. They had to find alternative accommodation. Staff are owed more than $200,000.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
