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Add as a preferred source on GoogleBrookdale Agrees to Buy Real Estate at 30 Welltower Communities
The $290 million transaction covers senior living properties Brookdale currently leases and operates from Welltower.
Brookdale agreed to acquire the real estate of 30 senior living communities it currently leases and operates from Welltower for $290 million, expanding the operator’s property ownership.
The agreement was announced Oct. 13. Brookdale shares rose 5.2% in after-hours trading to $10.65.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.