NASHVILLE, Tenn., April 8,
2024 /PRNewswire/ -- Brookdale Senior Living Inc.
(NYSE: BKD) reported today its consolidated occupancy for
March 2024.
March 2024
Observations:
- March's weighted average occupancy increased 180 basis points
year-over-year to 77.9%, remaining flat sequentially to February's
weighted average occupancy.
- March's increase over the prior year March reflected a
continued monthly trend of accelerated year-over-year improvement
in the first quarter, and represents the Company's twenty-ninth
consecutive month of year-over-year weighted average occupancy
growth.
- Demonstrating an improvement from normal pre-pandemic
seasonality, first quarter 2024 weighted average occupancy
decreased (50) basis points compared to the fourth quarter
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.