Filing Details

Accession Number:
0001104659-17-009221
Form Type:
13G Filing
Publication Date:
2017-02-14 14:55:10
Filed By:
Brookfield Investment Management Inc.
Company:
Brookdale Senior Living Inc. (NYSE:BKD)
Filing Date:
2017-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Brookfield Investment Management Inc 8,948,312 11,001,213 11,001,213 5.91%
Brookfield Asset Management, Inc 9,498,312 11,551,213 11,551,213 6.21%
Partners Limited 9,498,312 11,551,213 11,551,213 6.21%
Filing

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

Brookdale Senior Living Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

427825500

(CUSIP Number)

December 31, 2016

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x

Rule 13d-1(b)

o

Rule 13d-1(c)

o

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No. 

 

 

1.

Names of Reporting Persons
Brookfield Investment Management Inc.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None

 

6.

Shared Voting Power
8,948,312

 

7.

Sole Dispositive Power
None

 

8.

Shared Dispositive Power
11,001,213

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
11,001,213

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
5.91%

 

 

12.

Type of Reporting Person (See Instructions)
IA

 

2


 

CUSIP No. 

 

 

1.

Names of Reporting Persons
Brookfield Asset Management, Inc.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Ontario, Canada

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None

 

6.

Shared Voting Power
 9,498,312

 

7.

Sole Dispositive Power
None

 

8.

Shared Dispositive Power
11,551,213

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
11,551,213

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
6.21%

 

 

12.

Type of Reporting Person (See Instructions)
HC

 

3


 

CUSIP No. 

 

 

1.

Names of Reporting Persons
Partners Limited

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Ontario, Canada

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None

 

6.

Shared Voting Power
 9,498,312

 

7.

Sole Dispositive Power
None

 

8.

Shared Dispositive Power
11,551,213

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
11,551,213

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
6.21%

 

 

12.

Type of Reporting Person (See Instructions)
HC

 

4


 

Item 1.

 

(a)

Name of Issuer
Brookdale Senior Living Inc.

 

(b)

Address of Issuers Principal Executive Offices
111 Westwood Place

Suite 400

Brentwood, TN 37027

 

Item 2.

 

(a)

Name of Person Filing
Brookfield Asset Management, Inc. (BAM)

Partners Limited

Brookfield Investment Management Inc. (BIM)

(the Reporting Persons).

 


 

 

*Attached as Exhibit A is a copy of an agreement among the Reporting Persons that this Schedule 13G is being filed on behalf of each of them.

 

(b)

Address of Principal Business Office or, if none, Residence
Brookfield Asset Management

181 Bay Street, Suite 330

Toronto, Ontario, Canada, M5J 2T3

 

Partners Limited

181 Bay Street, Suite 330

Toronto, Ontario, Canada, M5J 2T3

 

Brookfield Investment Management, Inc.

Brookfield Place

250 Vesey St., 15th Floor

New York, NY 10281-1023

 

(c)

Citizenship
See Item 4 of the cover pages.

 

(d)

Title of Class of Securities
Common Stock

 

(e)

CUSIP Number
427825500

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

 

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

 

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

 

(e)

x

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

x

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

(j)

o

A non-U.S. institution in accordance with § 240.13d1(b)(1)(ii)(J);

 

(k)

o

Group, in accordance with § 240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d1(b)(1)(ii)(J), please specify the type of institution:____________________________

 

Brookfield Investment Management, Inc. is a registered investment adviser and Brookfield Asset Management, Inc. and Partners Limited are parent holding companies or control persons.

 

5


 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:   

See the response(s) to Item 9 on the attached cover page(s).

 

(b)

Percent of class:   

See the response(s) to Item 11 on the attached cover page(s).

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

See the response(s) to Item 5 on the attached cover page(s).

 

 

(ii)

Shared power to vote or to direct the vote    

See the response(s) to Item 6 on the attached cover page(s).

 

 

(iii)

Sole power to dispose or to direct the disposition of   

See the response(s) to Item 7 on the attached cover page(s).

 

 

(iv)

Shared power to dispose or to direct the disposition of   

See the response(s) to Item 8 on the attached cover page(s).

 

Brookfield Asset Management, Inc. (BAM) is the indirect owner of Brookfield Investment Management (BIM), which is the investment adviser to various funds or accounts that are the record owners of the shares of Common Stock reported on BIMs cover page and, as a result, BAM may be deemed to beneficially own such shares.

 

Partners Limited is the sole owner of BAMs Class B Limited Voting Shares and therefore may be deemed to share beneficial ownership of the shares of Common Stock reported herein.

 

Item 5.

Ownership of Five Percent or Less of a Class

Not applicable

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Clients of the Reporting Person have or may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of securities held in their accounts. No such client is known to have such right or power with respect to more than 5% of the class of securities to which this report relates.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

See exhibit 99.X

 

Item 8.

Identification and Classification of Members of the Group

Not applicable

 

Item 9.

Notice of Dissolution of Group

Not applicable

 

6


 

Item 10.

Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Signature.

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date:  February 14, 2017

 

 

Brookfield Investment Management Inc.

 

By:

/s/ Seth Gelman

 

Name:

Seth Gelman

 

Title:

Chief Compliance Officer

 

 

 

 

 

 

 

Brookfield Asset Management Inc.

 

 

 

 

By:

/s/ A.J. Silber

 

Name:

A.J. Silber

 

Title:

Vice President, Legal Affairs & Corporate Secretary

 

 

 

 

 

 

 

Partners Limited

 

 

 

 

By:

/s/ Brian D. Lawson

 

Name:

Brian D. Lawson

 

Title:

President

 

 

7


 

EXHIBIT A

 

We, the signatories of the Statement on Schedule 13G to which this Joint Filing Agreement is attached, hereby agree that such statement is, and any amendments thereto filed by any of us will be, filed on behalf of each of us pursuant to and in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.

 

 

Dated:  February 14, 2017

 

 

 

BROOKFIELD INVESTMENT MANAGEMENT INC.

 

 

 

 

By:

/s/ Seth Gelman

 

 

Name: Seth Gelman

 

 

Title:   Chief Compliance Officer

 

 

 

 

 

 

 

BROOKFIELD ASSET MANAGEMENT INC.

 

 

 

 

By:

/s/ A.J. Silber

 

 

Name: A.J. Silber

 

 

Title:   Vice-President, Legal Affairs

 

 

 

 

 

 

 

PARTNERS LIMITED

 

 

 

 

By:

/s/ Brian D. Lawson

 

 

Name: Brian D. Lawson

 

 

Title:   President