Catchword: sale-manageback
Part of Speech:
n. The part of speech reflects that used in the
full entry, and not necessarily the part of speech as it is used in the quotation below.
Quotation: Sunrise sold 12 of its wholly owned properties and 11 joint venture properties for a total of $311 million…. Under a so-called sale-manageback arrangement, Sunrise has a long-term operating contract as well as a 10 percent interest in the properties.
Article or Document Title:
“Big Assisted-Living Company Shifts Away From Property Ownership”
Author:
Terry Pristin
Article, Document, Publication, Web Site:
New York Times
Date of Publication:
July 30, 2003
Page Number:
5