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BKD - Brookdale Senior Living reports 71.5% December occupancy
Brookdale Senior Living Inc.
For December 2020, Brookdale Senior Living (BKD) reported weighted average occupancy of 71.5% vs. 72.8% for November.The sequential rate of occupancy declined moderately in Q4 at 72.7% vs. 75.3% in Q3.For Q4, the company expects to recognize ~$78M from government grant programs and ~$30M of COVID-related expenses.