Prudential fund acquires senior living centers

CLEVELAND: Prudential Real Estate Investors has raised $629 million to be used to buy international senior housing.

Prudential Real Estate Investors will spend $110 million to acquire three assisted living communities, the company announced, the first investment made by this new fund managed by Prudential Financial. The entity is now assessing an acquisition here…

Full story covered in the Seniors Housing & Healthcare Trends.

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