Brookdale Reports March 2025 Occupancy
Rhea-AI Summary
Brookdale Senior Living (NYSE: BKD) has reported strong occupancy growth for March 2025. The company achieved a weighted average occupancy of 79.5%, representing a 160 basis points increase year-over-year and a 20 basis points sequential growth from February. The month-end occupancy reached 80.9%, marking the highest level in five years.
First quarter 2025 performance showed accelerated growth with weighted average occupancy increasing 140 basis points year-over-year to 79.3%, significantly outperforming normal seasonal patterns. Move-in volume exceeded historical averages by 12% while move-out volume improved by 3%.
Brookdale operates 647 senior living communities across 41 states, serving approximately 58,000 residents as of March 31, 2025. The company provides independent living, assisted living, memory care, and continuing care retirement communities.
Positive
- Highest month-end occupancy (80.9%) achieved in five years
- 160 basis points year-over-year increase in March occupancy to 79.5%
- Move-in volume exceeded historical average by 12%
- Move-out volume improved 3% compared to historical average
- Counter-seasonal strength demonstrated in Q1 2025
Negative
- Overall occupancy still remains below 81% despite improvements
News Market Reaction 1 Alert
On the day this news was published, BKD gained 14.81%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
March 2025 Observations:
- March weighted average occupancy increased 160 basis points year-over-year to
79.5% and grew 20 basis points sequentially from February, reflecting another month of counter-seasonal strength. - March month end occupancy also improved sequentially to
80.9% , marking the highest month end occupancy in five years. - First quarter weighted average occupancy growth accelerated to 140 basis points year-over-year to
79.3% in 2025. - Sequentially, first quarter weighted average occupancy performance was significantly better than normal seasonality.
- For comparable communities, move-in volume exceeded historical average for the first quarter by
12% while move-out volume was3% better than historical average.
About Brookdale Senior Living
Brookdale Senior Living Inc. is the nation's premier operator of senior living communities. With 647 communities across 41 states and the ability to serve approximately 58,000 residents as of March 31, 2025, Brookdale is committed to its mission of enriching the lives of seniors through compassionate care, clinical expertise, and exceptional service. The Company, through its affiliates, operates independent living, assisted living, memory care, and continuing care retirement communities, offering tailored solutions that help empower seniors to live with dignity, connection, and purpose. Leveraging deep expertise in healthcare, hospitality, and real estate, Brookdale creates opportunities for wellness, personal growth, and meaningful relationships in settings that feel like home. Guided by its four cornerstones of passion, courage, partnership, and trust, Brookdale is committed to delivering exceptional value and redefining senior living for a brighter, healthier future. 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 YouTube.
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SOURCE Brookdale Senior Living Inc.
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