HCP Announces Series of Mutually Beneficial Transactions with Brookdale
IRVINE, Calif., Oct. 1, 2019 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today announced several transactions with Brookdale Senior Living Inc. (“Brookdale”) related to HCP’s 15-campus CCRC JV and triple-net portfolio with Brookdale that will position HCP to: (i) improve operator diversification, (ii) acquire Brookdale’s interest in 12 CCRC campuses and (iii) strengthen the remaining Brookdale triple-net…