Brookdale Reports March 2025 Occupancy

Company Overview - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, with 647 communities across 41 states, serving approximately 58,000 residents as of March 31, 2025 [1] - The company offers various living options including independent living, assisted living, memory care, and continuing care retirement communities, focusing on empowering seniors to live with dignity and purpose [1] - Brookdale emphasizes its commitment to exceptional service and care, guided by its core values of passion, courage, partnership, and trust [1] Occupancy Performance - In March, the weighted average occupancy increased by 160 basis points year-over-year to 79.5% and grew by 20 basis points sequentially from February, indicating counter-seasonal strength [3] - The month-end occupancy for March improved sequentially to 80.9%, marking the highest month-end occupancy in five years [3] - For the first quarter of 2025, the weighted average occupancy growth accelerated to 140 basis points year-over-year, reaching 79.3% [3] - The first quarter's occupancy performance was significantly better than normal seasonality, with move-in volume exceeding historical averages by 12% and move-out volume being 3% better than historical averages [3]