BKD ▲ +8.3% - Brookdale Senior Living Inc. $BKD completed a $157 million acquisition of 17 senior living communities and agreed to purchase another 30 from Welltower ($WELL) for $290 million, aiming to reduce lease expenses and expand property ownership. * Completed acquisition: Brookdale purchased 17 communities on September 30 using approximately $49 million in cash and $108 million in debt, eliminating roughly $11 million in projected annual rent. * Welltower agreement: The $290 million purchase of 30 additional communities is expected to eliminate approximately $17.8 million in annual 2027 rent obligations. * Financial impact: Combined transactions would reduce annual rent obligations by roughly $28.8 million, although interest expenses on acquisition financing will offset part of the savings. * Ownership expansion: Brookdale expects its owned share of consolidated units to approach 80%, supporting higher adjusted EBITDA and cash flow. * Lease extension: A separate agreement extends leases on 39 Welltower communities through June 2036, covering approximately $36.6 million in annual rent. * Financial position: Brookdale reported $370.4 million in cash and $3.9 billion in net debt at June 30, representing leverage of 8.4 times. The Welltower acquisition is expected to close in Q4 2026. 13-OCT-2026 04:56 PM ET