FilBen Group to open assisted living facility
FilBen Group announced it will open a new 200-bed assisted living facility in Middletown, NY, in 2015.
The owner/operator said the facility will be named Braemar at Wallkill and will have a memory care unit. It will accept private pay and Medicaid-eligible seniors.
FilBen Group also operates Braemar at Medford in Medford, NY, and is in development stages of a new assisted living facility in Fishkill, NY. It plans to open The Brielle at Seaview in Staten Island in partnership with the Met Council in 2015.
Cain Brothers underwrote $35.5 million in financing for the development and construction of the facility.