Brookdale's Occupancy Registers a Rise to 80.5% in June 2025

Core Insights - Brookdale Senior Living Inc. (BKD) reported a significant improvement in its weighted average occupancy, which rose by 230 basis points year over year to 80.5% in June 2025, reflecting strong move-ins and favorable move-out activity [1][8] - The consolidated occupancy at the end of June was 82.2%, an increase of 70 basis points sequentially, driven by sustained demand and effective sales execution [2] - The same community occupancy also showed positive trends, with a year-over-year increase of 220 basis points to 81.1% and a sequential rise of 50 basis points [2] Occupancy and Revenue Impact - The increase in occupancy rates indicates rising patient volumes, which is beneficial for Brookdale as its primary revenue source relies on the patient base [4] - Elevated occupancy levels are expected to enhance resident fee revenues, which constituted nearly 96% of the company's total revenues in the first quarter of 2025 [6] - Projected adjusted EBITDA for 2025 is estimated to be between $440 million and $450 million, supported by the anticipated growth in resident fees [6] Company Scale and Operations - As of June 30, 2025, Brookdale operated and managed 645 senior living communities across 41 U.S. states, with the capacity to serve approximately 58,000 residents [5][8] - The company's expansive scale, clinical expertise, and enhanced service offerings position it well to cater to the growing elderly population in the United States [5] Stock Performance - Year-to-date, Brookdale's shares have increased by 38.8%, significantly outperforming the industry average growth of 2.5% [7]