Brookdale Modifies Corporate Line of Credit

Wed Apr 3, 2013 5:26pm EDT

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NASHVILLE, Tenn.,  April 3, 2013  /PRNewswire/ -- Brookdale Senior Living Inc.
(NYSE: BKD) announced today that it has modified its existing revolving credit
facility with GE Capital, Healthcare Financial Services.  The modification
extended the maturity date of the facility to  March 31, 2018  and decreased
certain costs associated with the facility.  The modification also provides
options to increase the committed amount initially from  $230,000,000  to 
$250,000,000  and thereafter from  $250,000,000  up to  $350,000,000.

The modification decreases the interest rate payable on advances (reducing the
LIBOR floor by 1.5% and the spread by 1.25%) and reduces the fee payable on the
unused portion of the facility from 1.0% to 0.5% per annum.  

The revolving credit facility is secured by first priority mortgages on certain
of the Company's communities.  Availability under the revolving credit facility
will vary from time to time as it is based on borrowing base calculations
related to the appraised value and performance of the communities securing the
facility.

About Brookdale Senior Living

Brookdale Senior Living Inc. is a leading owner and operator of senior living
communities throughout the United States.  The Company is committed to providing
an exceptional living experience through properties that are designed,
purpose-built and operated to provide the highest-quality service, care and
living accommodations for residents.  Currently the Company operates independent
living, assisted living, and dementia-care communities and continuing care
retirement centers, with 650 communities in 36 states and the ability to serve
approximately 67,000 residents.  Through its Innovative Senior Care program, the
Company also offers a range of outpatient therapy, home health and hospice
services, primarily to residents of its communities.

SOURCE  Brookdale Senior Living Inc.


Brookdale Senior Living Inc., Ross Roadman, Senior Vice President, Investor
Relations, (615) 564-8104

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