Brookdale Overview - Brookdale operates 645 senior living communities across 41 states[8] - The company has the capacity to serve approximately 58,000 residents[8] - 94% of senior living resident fees are private pay[8] Financial Performance and Guidance - Second quarter Adjusted Free Cash Flow improved by $25 million year-over-year, reaching $20 million[33] - The company anticipates portfolio ownership to increase to 75% by the end of 2025[20] - 2025 Adjusted EBITDA guidance increased by $5 million at the midpoint, with a range of $445 to $455 million[37, 36] - Adjusted Free Cash Flow for 2025 is projected to be between $30 to $50 million[36] Occupancy and RevPAR - Consolidated weighted average occupancy grew by 200 bps in the second quarter year-over-year[33] - July 2025 month-end consolidated occupancy reached 82.6%, marking eight consecutive months of acceleration[33] - The company expects RevPAR YOY Growth of 5.25% to 6.00% for 2025[36] Capital Structure - 72% of the company's debt is fixed rate debt[42] - 88% of the company's debt is non-recourse property-level mortgage financings[42]

Company Overview - Brookdale operates 647 senior living communities across 41 states[8] - The company has the ability to serve approximately 58,000 residents[6] - 94% of senior living resident fees are private pay[8] - The company has approximately 36,000 caring and dedicated associates[8] Financial Performance and Guidance - First quarter Adjusted EBITDA increased by 27% year-over-year[35] - First quarter Adjusted Free Cash Flow improved by $30 million year-over-year and was positive[35] - The company positively revised its 2025 Adjusted EBITDA guidance to $440 to $450 million[38] - The company expects 2025 Adjusted Free Cash Flow to be $30 to $50 million[38] Occupancy and Revenue - First quarter consolidated weighted average occupancy grew by 140 bps over the prior year[35] - Move-ins increased by 12% and move-outs decreased by 3% compared to historical averages[35] - Returning to pre-pandemic occupancy of 84.5% would drive at least $200 million of incremental revenue[52] - Achieving the historic occupancy high of 89% would drive at least $380 million of incremental revenue[52]