BKD - Brookdale Senior Living reports 74.4% in February consolidated occupancy

Brookdale Senior Living (NYSE:BKD) reported consolidated occupancy of 74.4% for February 2022 compared to 74.2% for prior month end, marking the fourth consecutive month of positive Y/Y weighted average occupancy growth since the pandemic. Achieved positive net move-ins and move-outs or first time since 2014 while weighted average occupancy held relatively flat (-10 bps) during the month. Weighted average occupancy stood at 73.3% compared to 73.4%. Weighted average occupancy grew 390 basis points from start of turnaround in February 2021.

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Brookdale Senior Living reports 74.4% in February consolidated occupancy