Brookdale Senior Living Comments on Master Lease with Ventas
Ventas(VTR) Prnewswire·2024-12-04 08:16
NASHVILLE, Tenn., Dec. 3, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") confirmed today that it did not exercise its right to renew a master lease with Ventas, Inc. ("Ventas") under the existing lease renewal terms. The master lease covers 120 communities and is scheduled to mature on December 31, 2025."We have consistently said that we view lease maturities as an opportunity to position the Company for future success and to further drive shareholder value, dep ...