Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or the “Company”) has announced the February 27, 2025 closing of two portfolio acquisitions, completing its three-portfolio acquisition plan initially announced in September 2024. The Company acquired five communities (686 units) previously leased from Welltower Inc. for $175 million. The communities are primarily located in affluent or very affluent markets and together comprise 270 independent living units, 170 assisted living units, 152 memory care units, and 94 skilled nursing units. The Company also acquired 25 communities (875 units) previously leased from Diversified Healthcare Trust for $135 million.
Read the full article: Brookdale Announces Completion of Two Previously Announced Portfolio Acquisitions, Increasing the Company’s Real Estate Ownership Position //
Source: https://www.prnewswire.com/news-releases/brookdale-announces-completion-of-two-previously-announced-portfolio-acquisitions-increasing-the-companys-real-estate-ownership-position-302389506.html