Brookdale Senior Living To Acquire 41 Communities For $610 Million
Brookdale Senior Living reached an agreement to acquire 41 communities for $610 million. It will acquire three portfolios of senior living communities that are currently leased by the company. ;
The transactions involved a total of 2,789 units. Following the acquisitions, Brookdale will own 66% of its consolidated units.;The acquisitions were as follows: ;
$300 million for 11 senior living communities (1,228 units) primarily located on the West Coast from a joint venture between Welltower Inc. and its joint venture partners. The communities include 470 independent living units, 723 assisted living units, and 36 memory care . . .