Business
Brookdale Announces Beneficial Financing Transactions; Successfully Refinances 2026 and a Portion of 2027 Mortgage Debt
Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or "the Company") announced today that the Company recently completed a series of financing transactions with multiple lenders totaling approximately $600 million. Through these transactions, the Company refinanced all of its approximately $350 million remaining 2026 mortgage debt maturities and approximately $200 million of its 2027 mortgage debt maturities, while further strengthening its balance sheet. The refinancing transactions result i
About this update from Brookdale Senior Living Inc.
[{"type":"text","content":"BRENTWOOD, Tenn., Jan. 8, 2026 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or "the Company") announced today that the Company recently completed a series of financing transactions with multiple lenders totaling approximately $600 million. Through these transactions, the Company refinanced all of its approximately $350 million remaining 2026 mortgage debt maturities and approximately $200 million of its 2027 mortgage debt maturities, while further strengthening its balance sheet. The refinancing transactions result in a higher proportion of fixed-rate debt, mitigating future interest rate risk. The blended interest rate of the new loans, inclusive of variable-rate debt, remains comparable to the blended rate of the prior loans. Annual net interest expense is not expected to be significantly impacted from these refinancings transactions.","length":898,"tagName":"p"},{"type":"image","alt":"Brookdale Announces Date of Second Quarter Earnings Release and Conference Call (PRNewsfoto/Brookdale Senior Living Inc.)","displaySize":"","headline":null,"caption":"Brookdale Announces Date of Second Quarter Earnings Release and Conference Call (PRNewsfoto/Brookdale Senior Living Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":105,"url":"https://media.zenfs.com/en/prnewswire.com/239adc078e3613630cf197832bd65640"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/NcEd8YsWHjlRO7DNIgtwHQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/239adc078e3613630cf197832bd65640","width":400,"height":105}},"href":"https://mma.prnewswire.com/media/687685/Brookdale_Senior_Living_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""The continued successful execution of our strategy has resulted in the operational strength that underpins these favorable refinancings and gives us confidence in our ability to continue to successfully address future mortgage debt maturities in the ordinary course," said Dawn Kussow, Brookdale's Executive Vice President and Chief Financial Officer. "Further, these transactions demonstrate Brookdale's strong relationships with multiple lenders, including both agency and existing commercial lenders. We extend our gratitude to each of our financial part...