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Brookdale Reports February 2025 Occupancy
BKDBrookdale Senior Living(BKD) Prnewswire·2025-03-10 20:15

Company Overview - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, with 647 communities across 41 states, serving approximately 58,000 residents as of December 31, 2024 [1] - The company offers various living options including independent living, assisted living, memory care, and continuing care retirement communities, focusing on empowering seniors to live with dignity and purpose [1] - Brookdale emphasizes its commitment to compassionate care, clinical expertise, and exceptional service, guided by its core values of passion, courage, partnership, and trust [1] Occupancy Rates - In February 2025, the weighted average occupancy increased by 140 basis points year-over-year, rising from 77.9% in 2024 to 79.3% in 2025 [3] - Sequentially, the occupancy rate increased by 10 basis points compared to January 2025, indicating continued outperformance against normal seasonality [3] - The first quarter-to-date weighted average occupancy for 2025 stands at 79.2%, showing a significant improvement from the fourth quarter of 2024, which is better than typical seasonal trends [3]