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Brookdale amends revolving credit facility, raising commitment to $200 million
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Brookdale amends revolving credit facility, raising commitment to $200 million
  • Brookdale secured USD 188 million in Freddie Mac Optigo loans via CBRE National Senior Housing, refinancing part of its 2027 mortgage maturities.
  • Proceeds repaid USD 200 million of mortgage debt tied to 22 communities; new non-recourse first-lien mortgages cover 13 communities.
  • New loans carry a 5.97% fixed rate, interest-only for five years, with a 2036 maturity.
  • Revolving credit facility amended with Capital One, Ally Bank, CIBC Bank USA; commitment expanded to up to USD 200 million.
  • Facility now matures April 2029 with two one-year extension options; pricing is SOFR plus 2.5% below 50% utilization, 2.25% at or above.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookdale Senior Living Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607060730PR_NEWS_USPR_____NY97414) on July 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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