Brookdale Announces Acquisition of the Brookdale Galleria Community

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 years, the Brookdale Galleria community has benefited from a substantial amount of capital improvements and is positioned to be a best-in-class asset through an in-process repositioning with enhanced building amenities and services planned in the near future using development capex. The acquisition strengthens Brookdale's ownership position in a strategically important market and enables Brookdale to increase its consolidated operating income and Adjusted EBITDA over the near term. The transaction reflects Brookdale's disciplined capital allocation strategy of acquiring high-quality communities within its existing geographic footprint, while further increasing the Company's owned real estate portfolio. The acquisition was funded using cash on hand and the Company's recently expanded line of credit. "The Brookdale Galleria acquisition represents an exciting value-creation opportunity," said Nick Stengle, Brookdale's Chief Executive Officer. "This large high-rise community sits within the top-tier Galleria district of Houston. Current occupancy is below our consolidated average, and we believe we can reposition this asset through modest additional investment, on top of other recent renovations, to capture the economic potential that will accrue directly to Brookdale and its shareholders." ABOUT BROOKDALE SENIOR LIVING Brookdale Senior Living Inc. is the nation's premier operator of senior living communities. With 541 communities across 41 states and the ability to serve approximately 46,000 residents as of June 30, 2026, Brookdale is committed to its mission of enriching the lives of seniors through compassionate care, clinical expertise, and exceptional service. The Company, through its affiliates, operates independent living, assisted living, memory care, and continuing care retirement communities, offering tailored solutions that help empower seniors to live with dignity, connection, and purpose. Leveraging deep expertise in healthcare, hospitality, and real estate, Brookdale creates opportunities for wellness, personal growth, and meaningful relationships in settings that feel like home. Guided by its four cornerstones of passion, courage, partnership, and trust, Brookdale is committed to delivering exceptional value and redefining senior living for a brighter, healthier future. Brookdale's stock trades on the New York Stock Exchange under the ticker symbol BKD. For more information, visit brookdale.com or connect with Brookdale on Facebook or YouTube.