Brookdale Senior Living completes financing to extend 2020 maturities [Seeking Alpha]
National Health Investors, Inc. (NHI)
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Source: Seeking Alpha
HealthcareBrookdale Senior Living completes financing to extend 2020 maturitiesApr. 1, 2020 9:01 AM ET|Brookdale Senior Living Inc. (BKD)Mamta MayaniBrookdale Senior Living (NYSE:completedOn March 31, the Company obtained $149.3M of mortgage financing from Capital One, N.A.The refinancing took the form of ten-year nonrecourse fixed and variable rate loans of $76.2M and $73.1M, respectively, resulting in proceeds of $13M.The financing of $29.2M with Berkadia Commercial Mortgage, LLC and $30M with BBVA USA were also completed.These transactions were secured primarily by communities acquired in Q1 from National Health Investors and Healthpeak Properties, respectively.Click to subscribe to real-time analytics on BKDNow read:Capital Senior Living Corporation 2019 Q4 - Results - Earnings Call Presentation »
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