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NEWARK-Prudential Mortgage Capital Co., the commercial mortgagelending business of Prudential Financial, is aiming to expand itshealthcare and seniors housing program and has hired two healthcarespecialists to lead the effort. Jeff C. Ringwald, with the title ofprincipal, and William A. Jackson Jr., as associate, formerly ofGuaranty Bank in Dallas, have been hired to grow the business.

"The increased longevity of Americans is amplifying the demandfor healthcare services and health-related expenditures could reach$3.6 trillion by 2014, according to figures from the Centers forMedicare and Medicaid Services," says David Durning, managingdirector of loan originations for Prudential Mortgage Capital. "Ifactual growth matches that projection, the industry will need tofind more sources of capital."