NASHVILLE, Tenn., Jan. 9, 2025
/PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported
today its consolidated occupancy for December 2024.
December 2024
Observations:
- Supported by favorable move-in and move-out levels, December
weighted average occupancy increased 100 basis points
year-over-year, from 78.3% in 2023 to 79.3% in 2024.
- Fourth quarter 2024 weighted average occupancy also increased
100 basis points compared to the prior year quarter.
- Sequentially, fourth quarter 2024 weighted average occupancy
increased 50 basis points compared to the third quarter, exceeding
normal pre-pandemic seasonality for this period.
- Fourth quarter 2024 move-in volume surpassed the prior year and
exceeded the pre-pandemic average for this period by 8%.
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 647 communities in 41
states as of December 31, 2024, with
the ability to serve approximately 58,000 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.
