Brookdale Senior Living to Acquire 30 Communities from Welltower for $290 Million
WELL Welltower Inc
$232.17 +0.88%
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- 1Brookdale Senior Living has signed an agreement with Welltower to acquire 30 communities for $290 million.
- 2Brookdale Senior Living expects to save approximately $18 million in rent next year.
- 3Brookdale Senior Living completed the acquisition of 735 units across 17 communities for $157 million.
So what's the key point?
Brookdale Senior Living has agreed to buy 30 facilities from Welltower for $290 million. This deal is expected to save about $18 million in rent payments next year.
Source Bisnow · View original ↗
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