You can also contact us to update your personal data by notifying us if you change your name or email address. Ventas and Brookdale restructured a predecessor of the new agreement in April 2018. The previous agreement standardizes the conditions of different Ventas real estate. It also allowed Brookdale to transfer real estate management to other companies without needing Ventas` permission, which Brookdale can still do under the current contract. Analysts reacted mixedly to the announcement. John Kim, an analyst at BMO Capital Markets, found that this is the second time in recent years that Ventas and Brookdale have restructured their master lease, pointing out that only five properties have been converted into a BOUTIQUE.