BKD - Brookdale reports 77.9% month-end occupancy in August
- Brookdale Senior Living ( NYSE: BKD ) reported month-end occupancy of 77.9% in August compared to 77.1% in July.
- The company said it increased sequential weighted average occupancy by 50 bps and month-end occupancy by 80 bps.
- August weighted average occupancy stood at 76.4% compared to 75.9% in July.
- The company achieved over 2,200 move-ins during August, the highest number of move-ins over the past four years.
- The weighted average occupancy grew 700 basis points since the start of the recovery in March 2021.
- Th company achieved ten consecutive months of year over year weighted average occupancy growth.
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Brookdale reports 77.9% month-end occupancy in August