Brookdale Reports December 2024 Occupancy

Company Overview - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, focusing on enriching the lives of seniors with compassion, respect, excellence, and integrity [1] - The company operates independent living, assisted living, memory care, and continuing care retirement communities, managing 647 communities across 41 states as of December 31, 2024, serving approximately 58,000 residents [1] Occupancy and Performance Metrics - December 2024 weighted average occupancy increased by 100 basis points year-over-year, rising from 78.3% in 2023 to 79.3% in 2024 [3] - Fourth quarter 2024 weighted average occupancy also saw a 100 basis point increase compared to the same quarter in the previous year [3] - Sequentially, fourth quarter 2024 weighted average occupancy rose by 50 basis points compared to the third quarter, surpassing normal pre-pandemic seasonality for this period [3] - Fourth quarter 2024 move-in volume exceeded the prior year and was 8% above the pre-pandemic average for this period [3]