Brookdale Reports May 2024 Occupancy

Core Insights - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, focusing on enriching the lives of seniors with compassion and integrity [2] - The company operates 652 communities across 41 states, serving approximately 59,000 residents as of March 31, 2024 [2] Occupancy Trends - In May, the weighted average occupancy increased by 20 basis points sequentially and by 30 basis points at month-end, indicating ongoing improvement in resident retention [4] - The May weighted average occupancy reflects a continued outperformance compared to pre-pandemic seasonality, marking the thirty-first consecutive month of year-over-year growth [4] - For the second quarter to date, the weighted average occupancy rose by 160 basis points to 78.0%, compared to 76.4% for the same period in 2023 [4]