Brookdale Senior Living Sees Continued Occupancy Growth

By Tamara Parker • Wednesday, October 09 15:21 • Permanent Link

Brookdale Senior Living Inc. (NYSE: BKD) has reported its consolidated occupancy for September 2024. Here are the key metrics compared to the previous periods:

September 2024:
Weighted average occupancy increased by 30 basis points sequentially to 79.2%.
Month-end occupancy grew to 80.5%.
This represents the company’s thirty-fifth consecutive month of year-over-year weighted average occupancy growth.
Third Quarter 2024:
Weighted average occupancy increased by 130 basis points compared to the third quarter of 2023.
It also saw an 80 basis points increase when compared to the second quarter of 2024.
Move-ins and move-outs were favorable sequentially to the second quarter.

These figures showcase a positive trend in occupancy metrics for Brookdale Senior Living Inc. As of September 30, 2024, the company operates and manages 648 communities in 41 states, with the ability to serve approximately 58,000 residents. Today the company's shares have moved 1.3% to a price of $5.75. If you want to know more, read the company's complete 8-K report here.

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