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Brookdale reports 78.4% month-end occupancy in September

Oct. 11, 2022 2:11 AM ETBrookdale Senior Living Inc. (BKD) StockBy: Meghavi Singh, SA News Editor
  • Brookdale Senior Living (NYSE:BKDreported month-end occupancy of 78.4% in September compared to 77.9% in August.
  • The company said it increased  both on sequential weighted average occupancy by 50 bps and month-end occupancy basis.
  • September weighted average occupancy stood at 76.9% compared to 76.4% in August.
  • The company's third quarter move-ins increased 7% and weighted average occupancy increased 390 basis points compared to the prior year quarter.
  • The weighted average occupancy grew 750 basis points since the start of the recovery in March 2021.
  • Th company achieved eleventh consecutive months of year over year weighted average occupancy growth.

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