Brookdale Senior LivingView All Tags
NP Senior Living Adds COO Chris Hyatt
Hyatt will be responsible for the day-to-day operations of the organization.
Brookdale, HCP Enter Massive Senior Housing Buy
Brookdale Senior Living and HCP enter an $849 million purchase agreement; Investcorp ramps up its multifamily acquisition activity; and the Largo Group of Cos. arranges financing for manufactured housing throughout the Northeast.
Brookdale Gains 3 Las Vegas Properties in $2.8 Billion Emeritus Deal
Three Las Vegas senior communities were recently involved in a massive merger when Emeritus Corporation was acquired by Brookdale Senior Living. The latter acquired Emeritus in a deal worth $2.8 billion, 1.4 of which consisted of mortgage debt. The two companies agreed a deal that would create the first national senior living solutions company, merging the assets and know-how provided by both entities. With the newly-expanded Brookdale, the company is able to provide a senior living community within 10 miles of 6.5 million seniors over the age of 80.