Braemar Living

REBusiness Online: FilBen Group, RSF Partners Break Ground on $54M Assisted Living Facility in Montebello, New York

Facebook
Twitter
LinkedIn
WhatsApp
Email
Print

MONTEBELLO, N.Y. — A partnership between owner-operator FilBen Group and Dallas-based private equity firm RSF Partners has broken ground on Braemar at Montebello, a $54 million assisted living facility in New York’s Lower Hudson Valley region. The site is located near Good Samaritan Hospital — Suffern, as well as numerous commercial establishments. The property will span 133,675 square feet and will feature one- and two-bedroom units with an average size of 500 square feet, as well as an array of entertainment- and wellness-based amenities. H2M Architects + Engineers designed the project, and McAlpine Contracting is handling construction. M&T Bank provided a $34.8 million construction loan for the project, a completion date for which was not disclosed.

Read the full article at rebusinessonline.com

More to Explore

Braemar Living Loves Heroes

We are now offering special discounts to veterans and members of the military, police department, and fire department.