Alston & Bird partners Mark Rusche and Alison Jones were the legal advisers to Prudential Real Estate Investors on the $20.5 million sale of an assisted living home in Dallas, according to Rusche.
Prudential sold the Caruth Haven [photo, right] assisted living facility in the Highland Park neighborhood of Dallas to Cornerstone Growth & Income REIT Inc. Caruth Haven is a 75,000-square-foot property with 91 residential units. It’s located near NorthPark Center, the largest shopping center in northern Texas, according to a news release. Foley & Lardner advised Irvine, Calif.-based Cornerstone.