Brookdale Senior Living Acquires 244-Unit Galleria Community in Houston for $23.4MM

Brookdale Senior Living clinched ownership of the Brookdale Galleria, a 244-unit independent living and assisted living high-rise adjacent to Houston's premier retail corridor, paying roughly $95,900 per unit in a deal that underscores the operator's aggressive pivot toward asset ownership and its conviction that below-average occupancy in a top-tier submarket represents upside, not risk. The […]