NASHVILLE,
Tenn., June 10, 2024 /PRNewswire/ --
– Brookdale Senior Living Inc. (NYSE: BKD) reported today its
consolidated occupancy for May
2024.
May 2024
Observations:
- Sequentially, May weighted average occupancy increased 20
basis points while month end occupancy increased 30 basis points,
supported by ongoing improvement in resident retention.
- May weighted average occupancy reflected a continued
outperformance versus pre-pandemic normal seasonality and
represented the Company's thirty-first consecutive month of
year-over-year weighted average occupancy growth.
- Second quarter-to-date weighted average occupancy
increased 160 basis points to 78.0% compared to 76.4% for the
comparable period of 2023.
About Brookdale Senior
Living
Brookdale Senior Living Inc. is the
nation's premier operator of senior living communities. The Company
is committed to its mission of enriching the lives of the people it
serves with compassion, respect, excellence, and integrity. The
Company, through its affiliates, operates independent living,
assisted living, memory care, and continuing care retirement
communities. Through its comprehensive network, Brookdale helps to
provide seniors with care, connection, and services in an
environment that feels like home. The Company's expertise in
healthcare, hospitality, and real estate provides residents with
opportunities to improve wellness, pursue passions, make new
friends, and stay connected with loved ones. Brookdale, through its
affiliates, operates and manages 652 communities in 41 states as of
March 31, 2024, with the ability to
serve approximately 59,000 residents. Brookdale's stock trades on
the New York Stock Exchange under the ticker symbol BKD. For
more information, visit brookdale.com or connect with
Brookdale
on Facebook or YouTube.
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SOURCE Brookdale Senior Living Inc.