NASHVILLE, Tenn., June 8, 2023
/PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported
today its consolidated occupancy for May
2023.
May 2023 Observations:
- May 2023 weighted average monthly
occupancy increased 200 basis points year-over-year, from 74.6% in
2022 to 76.6% in 2023. This represented a 40 basis point sequential
increase compared to April 2023.
- Achieved nineteen consecutive months of year-over-year weighted
average occupancy growth.
- Second quarter-to-date average monthly move-in volume grew 3.5%
compared to the first quarter average; while second quarter-to-date
average monthly move-out volume improved 8.8% compared to the first
quarter average.
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
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,
and stay connected with friends and loved ones. Brookdale, through
its affiliates, operates and manages 673 communities in 41 states
as of March 31, 2023, with the
ability to serve more than 60,000 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 Twitter.
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SOURCE Brookdale Senior Living Inc.