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Brookdale to Buy 21 Sunrise Senior Properties

NASHVILLE-The company will pay $204 million for nearly 1,400 units in 11 states.

By Carl Cronan | Updated on October 09, 2009

NASHVILLE-Locally based Brookdale Senior Living Inc. says it will acquire 21 senior living communities owned by affiliates of McLean, VA-based Sunrise Senior Living Inc. The $204-million aggregate purchase price encompasses 1,389 units in 11 states.

Six of the communities are in Ohio, four are in Indiana and two each are in Connecticut and Pennsylvania. Other states include California, Colorado, Georgia, Michigan, New Mexico, North Carolina and Virginia.

Many of the communities are in markets where Brookdale has either built or is building facilities, says Bill Sheriff, the company’s CEO. The Sunrise acquisition breaks down to 876 assisted living units, 421 Alzheimer’s units and 92 independent living units.

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