Tennessee’s Brookdale Senior Living Announces Acquisition and Financing Transactions
Circle Connections: Mergers & Acquisitions Brookdale Senior Living Inc. announced that it has recently completed the acquisition of 12 communities with a total of 871 units for an aggregate purchase price of $162.1 million, plus customary transaction expenses. The communities had previously been operated by the Company under long-term leases that were accounted for as either operating or capital leases. Brookdale Senior Living Inc. is an owner and operator of senior living communities throughout the United States. Currently the Company operates independent living, assisted living, and dementia-care communities and continuing care retirement centers, with 647 communities in . . .
