Brookdale Improves 2025 Cash Flows by an Expected $15+ Million through Ventas Lease Amendment with Incremental Upside in 2026 and Beyond
Ventas(VTR) Prnewswire·2024-12-19 11:45Maintains Operations of High-Performing, Cash Flow Positive, 65 Community PortfolioAnnounces Completion of Previously Announced 11 Community Portfolio AcquisitionNASHVILLE, Tenn., Dec. 19, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") today announced that it has entered into mutually beneficial agreements with Ventas, Inc. ("Ventas") to amend its triple-net master lease arrangement."I am very pleased to announce another successful lease amendment which is expec ...