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Diversified Healthcare Trust Completes Sale of 18 Triple Net Leased Senior Living Communities to Brookdale for $135 Million, or $154,000 per Unit

1. Brookdale Senior Living acquires 18 senior communities for $135 million. 2. Acquisition entails 876 units across 10 states, enhancing BKD's portfolio.

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Why Bullish?

The acquisition adds significant assets to BKD's portfolio, potentially enhancing revenue. Similar acquisitions in the past have positively impacted share prices in the senior living sector.

How important is it?

The acquisition is substantial for BKD, expected to boost long-term market position and revenue streams. The senior living sector's growth trends underpin a positive outlook.

Why Long Term?

The acquisition will take time to integrate fully and realize revenue benefits. Historically, such acquisitions have led to sustained growth over several quarters.

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NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced the closing of the previously announced sale of 18 triple-net leased senior living communities to Brookdale Senior Living Inc. (NYSE: BKD) for $135 million, a valuation of approximately $154,000 per unit. The 18 communities include 876 units located across 10 states. DHC will use the proceeds from the sale to pay down its senior secured notes due in January 2026. Following this pay down and the previous p.

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