Brookdale Reports March 2021 Occupancy
April 08 2021 - 4:15PM
PR Newswire (US)
NASHVILLE, Tenn., April 8,
2021 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD)
reported today its consolidated occupancy for March 2021.
March 2021
Observations:
- Sequentially, the occupancy percentage turned positive for
month-end and slightly positive on a weighted-average basis.
- Net move-ins and move-outs (MIMO) turned positive on a
year-over-year basis, the first positive net MIMO since the
beginning of the pandemic.
- Move-ins have increased sequentially each month since
November 2020.
- We expect to continue to publish monthly occupancy until we
return to providing financial guidance, at which point we would
expect to return to our historical reporting practices.
About Brookdale Senior Living
Brookdale Senior Living
Inc. is the leading operator of senior living communities
throughout the United States. The
Company is committed to providing senior living solutions primarily
within properties that are designed, purpose-built and operated to
provide the highest-quality service, care and living accommodations
for residents. Brookdale operates and manages independent living,
assisted living, memory care and continuing care retirement
communities, with 695 communities in 42 states and the ability to
serve approximately 60,000 residents as of March 31, 2021. The Company also offers a range
of home health, hospice and outpatient therapy services to
approximately 16,000 patients as of that date. Brookdale's stock is
traded on the New York Stock Exchange under the ticker symbol
BKD.
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SOURCE Brookdale Senior Living Inc.
Copyright 2021 PR Newswire
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