NORTHERN VIRGINIA, VA-According to Citybizlist.com, SunriseSenior Living based in McLean has wrapped up the sale of sevensenior living complexes to a joint venture with CHT Partners. Inthe new joint venture, CHT Partners holds a 55% stake, whileSunrise Senior Living's subsidiary, Sunrise Senior LivingInvestments Inc. holds the remaining 45% stake. The gross value ofthe joint venture is roughly $226 million.

CHT Partners made an investment of roughly $57 million in thejoint venture. For the full story, go to Washington Business Journal .

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