{"schema_version":"secwatch.filing_event.v1","accession":"0001332349-24-000134","form_type":"8-K","ticker":"BKD","cik":"0001332349","company_name":"Brookdale Senior Living Inc.","filed_at":"2024-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.200011+00:00","generated_at":"2026-05-29T01:21:57.335884+00:00","sec_items":["1.01","2.03"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Brookdale amends master lease with Ventas: renews 65 communities, extends term to 2035, secures $35M capex","bullets":["Annual minimum rent for renewal properties set at ~$64M from 2026, escalating 3% annually; lease term extended to Dec 2035 with one 10-year option.","Ventas commits up to $35M in capex funding (2025-2027, max $15M/yr); rent increases by funded amount × 8% or 10yr Treasury+3.5%.","Of 55 non-renewal communities, 11 to be sold and 44 transitioned starting Sep 2025; rent continues through Dec 2025 for sales, ends at transition for others.","Unsold/untransitioned properties after Dec 2025 can be managed by Brookdale at 5% fee through Dec 2026.","Amended Guaranty reduces change-of-control fee from $25M to $12.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001332349-24-000134","json":"https://secwatch.observer/filing/0001332349-24-000134.json","markdown":"https://secwatch.observer/filing/0001332349-24-000134.md","text":"https://secwatch.observer/filing/0001332349-24-000134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1332349/000133234924000134/0001332349-24-000134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1332349/000133234924000134/bkd-20241218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T01:21:57.335884+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}