Brookdale Senior Living to Acquire Real Estate of 17 Communities for $157M
Brookdale Senior Living (NYSE: BKD) will acquire the real estate of 17 communities it currently leases for about $157M, covering 735 assisted living and memory care units across four states. Brookdale also secured $249M in fixed-rate mortgage financing to repay $244M of debt maturing next year and fund remaining maturities through 2028. The deal is expected to close in Q4, reducing annual cash rent by about $11M in 2027 and increasing adjusted EBITDA, per the company.


