---
schema_version: "secwatch.filing_event.v1"
accession: "0001332349-24-000111"
form_type: "8-K"
ticker: "BKD"
cik: "0001332349"
company_name: "Brookdale Senior Living Inc."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:23:27.308979+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Brookdale to acquire 41 communities ($610M) and issue $369M 2029 convertible notes

## Summary
- Acquiring 41 communities (2,789 units) from three triple-net lease portfolios for $610M; expects $47M reduction in 2025 cash lease payments.
- Issuing $369M of 3.50% convertible notes due 2029: $207M exchanged for existing 2.00% 2026 notes, $150M sold to Deerfield/Flat Footed for cash.
- Completed $182M agency financing to repay $197M debt due Sept 2025; no remaining maturities without extension through June 2026.
- Acquisitions expected to improve 2025 Adjusted EBITDA by $33M and Adjusted Free Cash Flow by $15M.
- After transactions, Brookdale will own 66% of consolidated units, up from a lower ownership percentage.

## SEC filing metadata
- accession: 0001332349-24-000111
- form_type: 8-K
- ticker: BKD
- cik: 0001332349
- company_name: Brookdale Senior Living Inc.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332349/000133234924000111/0001332349-24-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332349/000133234924000111/bkd-20240930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001332349-24-000111
- JSON: https://secwatch.observer/filing/0001332349-24-000111.json
- Plain text: https://secwatch.observer/filing/0001332349-24-000111.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.