Brookdale agrees to buy 17 leased senior living communities for $157 million

BKD•2026-08-05

Impact on owned share and cash rent

Once completed, Brookdale's owned share of consolidated units is expected to rise to about 77%.

The company said 2027 annual cash rent is expected to fall by about $11 million.

Brookdale to acquire 17 leased senior living communities

Brookdale agreed to buy the real estate of 17 senior living communities it leases for about $157 million, shifting the portfolio toward owned assets.

The deal covers 735 assisted living and memory care units. Closing is expected in Q4 2026, and funding is planned via non-recourse mortgage financing and cash on hand.

Brookdale agrees to buy 17 leased senior living communities for $157 million

Impact on owned share and cash rent

Brookdale to acquire 17 leased senior living communities

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