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PREI Invests $29.4M in Brightview Danvers

Shelter Group Sells 160-Unit Senior Community
By Alisha Tyer
August 19, 2008 | 5:32 P.M.

Prudential Real Estate Investors, a subsidiary of Prudential Investment Management, acquired Brightview Danvers at 50 Endicott St. in Danvers, MA, from The Shelter Group, Baltimore, MD, for $29.38 million, or approximately $183.50 per square foot, or $183,622 per unit.

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