Brookdale amends revolving credit facility, raising commitment to $200 million

Brookdale Senior Living Inc.

Brookdale Senior Living Inc.

BKD

0.00
  • Brookdale secured USD 188 million in Freddie Mac Optigo loans via CBRE National Senior Housing, refinancing part of its 2027 mortgage maturities.
  • Proceeds repaid USD 200 million of mortgage debt tied to 22 communities; new non-recourse first-lien mortgages cover 13 communities.
  • New loans carry a 5.97% fixed rate, interest-only for five years, with a 2036 maturity.
  • Revolving credit facility amended with Capital One, Ally Bank, CIBC Bank USA; commitment expanded to up to USD 200 million.
  • Facility now matures April 2029 with two one-year extension options; pricing is SOFR plus 2.5% below 50% utilization, 2.25% at or above.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookdale Senior Living Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607060730PR_NEWS_USPR_____NY97414) on July 06, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.