Brookdale Senior Living Drops $162M On 12 New Properties
All of the properties acquired by Brookdale had been operated by the firm under long-term leases and were accounted for by the real estate company as either operating or capital leases. In all but one of the communities, the long-term leases included purchase options that became exercisable at the end of 2012, Brookdale said.
The previous landlords...
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