Brookdale Senior Living to acquire 41 communities for $610 million
10/01/24 at 03:40 AM
Brookdale Senior Living to acquire 41 communities for $610 million
McKnight's Senior Living; by Lois A. Bowers; 9/30/24
Brentwood, TN-based Brookdale Senior Living will acquire 41 communities for $610 million, the company announced Monday morning. The transactions, involving a total of 2,789 units, were privately negotiated and occurred off-market, Brookdale said. After the deals close, Brookdale will own 66% of its consolidated units, aligning with its goal of increasing its owned real estate portfolio.