NHI Announces Sells Eight Communities to Brookdale for $39.3M

by Jeff Shaw

MURFREESBORO, Tenn. — Brookdale Senior Living (NYSE: BKD) has exercised a purchase option to acquire eight communities from Murfreesboro-based National Health Investors Inc. (NYSE:NHI).

The assisted living facilities total 336 units and span three states. Brookdale paid $39.3 million.

Further details on the names and locations of the properties were not released.

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