Brookdale Posts Strong YoY Rise in September 2025 Occupancy

Core Insights - Brookdale Senior Living Inc. (BKD) reported a weighted average consolidated occupancy rate of 82.5% for September 2025, marking a 330 basis point increase year-over-year and a 70 basis point increase from the previous month [1][8] - The same-community occupancy for September 2025 reached 82.7%, up 270 basis points year-over-year, driven by stronger move-in volumes and reduced move-out activity [2][8] - The company operates 645 senior living communities across 41 states, accommodating approximately 58,000 residents, positioning it well to meet the needs of an aging population [6] Occupancy Performance - The weighted average consolidated occupancy for Q3 2025 was 81.8%, reflecting a year-over-year growth of 290 basis points and a sequential increase of 170 basis points [2] - Same-community occupancy climbed to 84% at the end of September, a 30 basis point gain from the previous month, with Q3 same-community occupancy reaching 82.3%, the highest sequential growth since 2022 [3][8] Financial Implications - Higher occupancy levels are expected to enhance resident fee revenues, which accounted for nearly 96% of total revenues in the first half of 2025 [5] - Adjusted EBITDA for 2025 is forecasted to be between $445 million and $455 million, representing a 16.5% increase over the 2024 reported figure [5] Market Performance - Brookdale's shares have increased by 39.7% over the past year, outperforming the industry average growth of 11.8% [7]