Cushman & Wakefield Advises on $264M, 17-Community Portfolio Sale for HCP

BOSTON — Cushman & Wakefield Senior Housing Capital Markets, acting as advisor to HCP Inc., has arranged the sale of a portfolio of Brookdale-managed seniors housing communities.

HCP agreed to sell the 17 Brookdale-managed to funds managed by affiliates of Apollo Global Management LLC (NYSE: APO) for $264 million.

The Cushman & Wakefield team involved in the transaction included Richard Swartz, Jay Wagner, James Dooley and Sam Dylag.