Hebrew SeniorLife gets $457m for Senior Housing Complex

Hebrew SeniorLife, the Roslindale nonprofit that operates elder housing, healthcare, and research facilities, secured $457 million in funding last week.  Construction on the $485 million dollar project began last summer and is scheduled to be completed in 2009.  The community in Dedham will house about 800 seniors and have home for independent living, assisted living […]

Prudential Mortgage Capital secures $80 million in senior housing financing

Prudential Mortgage Capital closed a $80.3 million dollar loan for Brookdale senior Living.  The portfolio consists of five assisted living, memory care and skilled nursing facilities in Ohio, Texas, Kansas and Kentucky.  The portfolio includes the following: Homewood Residence at Richmond Heights in Cleveland opened in 2000 and boasts 78 assisted-living units and 17 memory-care […]