Brookdale Agrees $290M Welltower Deal to Buy 30 Leased Communities
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Brentwood – October 13, 2026 -- Brookdale Senior Living (NYSE: BKD) agreed to buy the real estate of 30 communities it leases from Welltower for $290 million. The deal would cut 2027 annual cash rent by approximately $17.8 million and lift Brookdale's owned share of consolidated units to nearly 80%.
Brookdale closes $157M purchase of 17 formerly leased communities
Brookdale completed the previously announced acquisition on September 30 for approximately $157 million. The portfolio holds 735 assisted living and memory care units in Colorado, Kansas, Ohio and Texas.
The purchase eliminates approximately $11 million of annual cash rent in 2027 and raises Brookdale's owned share of consolidated units to approximately 77%.