Brookdale Announces Acquisition of the Brookdale Galleria Community
BRENTWOOD, Tenn., July 16, 2026 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE:BKD) ("Brookdale" or the "Company") today announced that it recently completed the acquisition of the previously managed Brookdale Galleria community in Houston, Texas at a purchase price of $23.4 million, representing a substantial discount to replacement cost and an attractive per-unit cost for a high-quality real estate asset in a premier location.
The 244-unit Independent Living and Assisted Living community is located directly adjacent to The Galleria shopping and entertainment complex and in an affluent submarket. Over the last several year