Brookdale Senior Living secures financing for 83% of 2026 debt maturities and plans to buy 41 senior living communities for $610M.

Brookdale Senior Living has secured financing from Deerfield Management to cover 83% of its 2026 debt maturities and fund acquisitions. The company plans to buy 41 senior living communities for $610 million, which is expected to reduce 2025 lease payments by $47 million and boost Adjusted EBITDA by $33 million. Additionally, Diversified Healthcare Trust is selling 18 leased communities to Brookdale for $135 million to enhance liquidity.

September 30, 2024
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