Brookdale Senior Living to acquire 18 triple net leased senior living communities from Diversified Healthcare Trust for $135m.

Brookdale Senior Living, which owns and operates retirement homes across the United States, agreed to acquire 18 triple net leased senior living communities from Diversified Healthcare Trust, a real estate investment trust, for $135m. The 18 communities include 876 units located across 10 states serving primarily assisted living residents as well as memory care residents. DHC intends to use the proceeds from the transaction to pay down its $941m of senior secured notes due January 2026.