PGIM provides USD 144.1 million loan for acquisition of two senior housing facilities - PRU News | RalliesPGIM provides USD 144.1 million loan for acquisition of two senior housing facilities
P
PRU• PGIM finances acquisition of two senior housing assets
- PGIM provided USD 144.1 million in floating-rate loans to finance the acquisition of two Class-A senior housing facilities.
- Assets include Acoya Shea in Phoenix with 147 units and The Ambassador of Scarsdale in Westchester, New York, with 121 units.
- Financing was originated for its U.S. core debt strategy, targeting senior living markets with high retiree demand.
•
