Brookdale agrees to buy 17 leased senior living communities for $157 million
Reuters2026/08/05 21:05- Brookdale agreed to buy the real estate of 17 senior living communities it leases for about USD 157 million, shifting the portfolio toward owned assets.
- Deal covers 735 assisted living and memory care units; closing expected in Q4 2026; funding planned via non-recourse mortgage financing, cash on hand.
- Owned share of consolidated units expected to rise to about 77% once completed; 2027 annual cash rent expected to fall by about USD 11 million.
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