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SNR - New Senior says occupancy falls less than expected in October
New Senior Investment Group Inc.
New Senior Investment Group (SNR) said strong move-in volume over the last several days of October resulted in better-than-expected occupancy at the end of the month.Occupancy was 83.1% at the end of October, down 20 basis points M/M, better than its preliminary estimate of a 40-bp drop.Previously: New Senior FFO misses by $0.01, misses on revenue (Oct. 30)