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Lisa Iurato
phone: 973-802-5345
18 December 2007


DALLAS - Prudential Mortgage Capital Company announced today that it has closed a $80.3 million loan on behalf of its general account for Brookdale Senior Living. The portfolio consists of five assisted living, memory care and skilled nursing facilities in Ohio, Texas, Kansas and Kentucky. Prudential Mortgage Capital is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE:PRU). 

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 units. Brookdale plans to expand the property with a 60-bed skilled-nursing facility.
The Hampton at Willowbrook in Houston opened in 1999 and features 54 assisted-living units and 19 memory-care units. Brookdale plans to expand the property with a 98-bed skilled-nursing facility. 
The Summit at Lakeway in Austin opened in March 2007 and boasts 81 skilled-nursing facility units. 
The Sweet Life Rosehill in Shawnee, Kan. opened in April 2002 with 150 units. There are 44 assisted-living and 30 memory-care units in one building and 76 skilled-nursing beds in a separate building. 
Richmond Place Skilled Nursing Facility in Lexington, Ky., opened in 1988 and was recently acquired by Brookdale. It is currently being rehabilitated into an 88-bed skilled-nursing facility. 

Jeff Ringwald of Prudential Mortgage Capital’s Dallas office originated the fixed-rate, interest-only loan. 

          Prudential Mortgage Capital Company, a national full-service, commercial and multifamily mortgage finance business, originates loans for Fannie Mae DUS™, FHA and Freddie Mac Targeted Affordable programs; the capital markets; Prudential’s general account; and other institutional investors. The company, with $56.5 billion in assets under management and administration as of September 30, 2007, offers fixed- and floating-rate loans; mezzanine, structured and bridge financing; forward commitments; affordable housing and healthcare finance. For more information, visit

   Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $637 billion of assets under management as of September 30, 2007, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit

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