Brookdale Reports November 2021 Occupancy

Rhea-AI Summary

Brookdale Senior Living Inc. (NYSE: BKD) announced its consolidated occupancy for November 2021, marking a significant milestone with nine consecutive months of weighted average occupancy growth. This is the first month showing positive year-over-year growth since the pandemic began. The company plans to continue publishing monthly occupancy reports through December 2021, indicating a positive trend for Brookdale's operations in the senior living sector.

Positive

• Nine consecutive months of weighted average occupancy growth.
• First positive year-over-year occupancy growth since the pandemic.

Negative

• None.

NASHVILLE, Tenn., Dec. 8, 2021 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for November 2021.

November 2021 Observations:

• Nine consecutive months of weighted average occupancy growth.
• First month of positive year-over-year weighted average occupancy growth since the pandemic began.
• We expect to continue to publish monthly occupancy through December 2021 reporting.

About Brookdale Senior Living
Brookdale Senior Living Inc. is the nation's premier operator of senior living communities. The Company is committed to its mission of enriching the lives of the people it serves with compassion, respect, excellence and integrity. The Company operates independent living, assisted living, and Alzheimer's and dementia care communities. Through its comprehensive network, Brookdale helps to provide seniors with care and services in an environment that feels like home. The Company's expertise in healthcare, hospitality and real estate provides residents with opportunities to improve wellness, pursue passions and stay connected with friends and loved ones. Brookdale operates and manages 682 communities in 41 states as of September 30, 2021, with the ability to serve more than 60,000 residents. Brookdale's stock trades on the New York Stock Exchange under the ticker symbol BKD. For more information, visit brookdale.com or connect with Brookdale on Facebook or Twitter.

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SOURCE Brookdale Senior Living Inc.

FAQ

What was Brookdale Senior Living's occupancy rate in November 2021?

Brookdale Senior Living reported nine consecutive months of weighted average occupancy growth in November 2021.

What significant trend did Brookdale Senior Living see in November 2021?

Brookdale experienced its first month of positive year-over-year occupancy growth since the pandemic.

Will Brookdale Senior Living continue to report occupancy figures?

Yes, Brookdale plans to publish monthly occupancy reports through December 2021.

What is the stock symbol for Brookdale Senior Living?

The stock symbol for Brookdale Senior Living is BKD.