#United States #Brookdale Senior Living #Brentwood #Financial Transactions #mortgage refinancing

Brookdale Senior Living's Strategic Financing Moves

Brookdale Senior Living Inc. (NYSE: BKD), a leader in senior living communities, recently disclosed significant financing achievements. On January 8, 2026, Brookdale announced that it finalized a series of financing transactions that amount to approximately $600 million. This strategic move refines their remaining mortgage obligations by addressing around $350 million of debt maturing in 2026 and an additional $200 million applicable to 2027. These actions are designed to bolster the company’s balance sheet and establish a more robust financial foundation for upcoming years.

The refinancing transaction shifts a greater share of Brookdale's debt portfolio to fixed rates, effectively reducing susceptibility to future fluctuations in interest rates. The new loans' blended interest rate closely mirrors the previous loans, ensuring that the annual net interest expenditure will remain stable.

Confidence and Relationships

Dawn Kussow, Brookdale's Executive Vice President and Chief Financial Officer, expressed strong confidence in the outcomes of these financing arrangements. She stated, "The continued successful execution of our strategy has resulted in the operational strength that underpins these favorable refinancings. This gives us confidence in our ability to manage future mortgage debt maturities smoothly." Kussow also highlighted the strength of Brookdale's ties with a diverse network of lenders, which encompasses both agency and commercial lending institutions. "We extend our gratitude to our financial partners for their ongoing support and belief in Brookdale," she added.

Breakdown of Financing Transactions

Fannie Mae and Freddie Mac Loans

In December 2025, Brookdale secured $245.8 million in financing through a Fannie Mae Credit Facility from Capital One. This package features a non-recourse mortgage tied to 17 communities, where 90% of the loan total is fixed at 5.69% for the first five years, maturing in January 2036. The remaining balance has a variable interest rate of one-month SOFR plus 2.11% and is set to expire in early 2031.

Moreover, Brookdale engaged in another financial collaboration for $146.1 million with PGIM's real estate division under Freddie Mac's loan structure. This also functions under a non-recourse setup with a fixed interest rate of 5.48%, allocated to nine properties, which ultimately matures in January 2033.

Additional Financing from Capital One

The company did not stop there; they also obtained $205.0 million in financing from Capital One, secured by mortgages on 16 communities. This financing option features variable rates at one-month SOFR plus 2.30%, with an interest-only duration for the initial three years and a maturity expected in December 2028. Interestingly, the financing agreement allows the company to potentially receive an additional $20 million in future proceeds under certain conditions.

Brookdale's Ongoing Mission

Brookdale Senior Living continues to maintain its status as a premier operator of senior living facilities across the United States, with 584 communities serving approximately 51,000 residents. The firm’s commitment is deeply rooted in delivering compassionate care, clinical expertise, and outstanding service to seniors. The overarching aim is to enrich seniors' lives, providing them with opportunities for meaningful engagement and a dignified living experience. Brookdale’s foundational principles - passion, courage, partnership, and trust - guide their mission to redefine the future of senior living.

While embracing current financial strategies, Brookdale remains steadfast in its approach to growth and sustainability, proving that strategic financial planning and strong lender partnerships are critical components of their operational success.

To learn more about Brookdale Senior Living Inc. and its operations, visit brookdale.com or connect on social media platforms like Facebook and YouTube.