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Brookdale Senior Living Refinances $185 Million Debt, Extends Maturities to 2033

BY MT Newswires | AGENCY | 08:08 AM EDT

08:08 AM EDT, 04/02/2026 (MT Newswires) -- Brookdale Senior Living (BKD) said Thursday that it has completed a refinancing transaction through KeyBank's (KEY) real estate business via its Freddie Mac (FMCC) loan origination program, extending part of its 2027 debt maturities to 2033.

The company said it has secured $185 million in new debt across seven communities and repaid $191 million of mortgage debt tied to eleven communities that had been scheduled to mature in March 2027.

Brookdale said the new loans are backed by non-recourse first mortgages, carry a fixed interest rate of 5.38%, are interest-only for the first two years and mature in April 2033.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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