Brookdale Announces Completion of Two Previously Announced Portfolio Acquisitions, Increasing the Company's Real Estate Ownership Position

Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") today announced the February 27, 2025 closing of two portfolio acquisitions, completing its three-portfolio acquisition plan initially announced in September 2024. Through ownership of these communities, including the portfolio acquisition completed in December 2024, Brookdale is realizing predictable high-yielding returns on 41 assets from improved cost of capital and is increasing its owned real estate portfolio. "We believe that Brookdale is positioned to create significant value over the next several years as we take advantage of favorable senior living industry dynamics, driven by constrained supply, an aging population, and an escalating need for high-quality, specialized services," said Lucinda ("Cindy") Baier, Brookdale's President and CEO. "Through community ownership, Brookdale can fully benefit from this powerful growth outlook rather than sharing in the value-creation from our operations. We are proud that by year end we expect to own more than 75% of our consolidated unit count."