Brookdale Reports May 2025 Occupancy

Rhea-AI Summary

Brookdale Senior Living (NYSE: BKD) reported strong occupancy growth for May 2025, achieving a significant milestone with consolidated weighted average occupancy reaching 80.0%. This represents a 190 basis points increase year-over-year and 20 basis points sequential growth. The company's same community weighted average occupancy rose to 80.6%, while month-end occupancy grew to 82.1%, marking the highest sequential increase in nine months. Second quarter-to-date consolidated weighted average occupancy stands at 79.9%, showing a 60 basis point increase from Q1. Brookdale operates 647 senior living communities across 41 states, serving approximately 58,000 residents, offering independent living, assisted living, memory care, and continuing care retirement services.

Positive

• Consolidated weighted average occupancy reached 80.0%, up 190 basis points year-over-year
• Same community month-end occupancy grew to 82.1%, highest sequential increase in 9 months
• Q2-to-date occupancy shows 60 basis point increase from Q1 2025
• Strong move-in volume and disciplined sales execution driving growth

Negative

• Overall occupancy still remains at relatively moderate levels around 80%

Insights

Senior Housing Industry Analyst

Brookdale achieves 80% occupancy milestone with accelerating growth patterns, signaling operational improvement and revenue potential.

Brookdale's May 2025 occupancy report reveals significant positive momentum in its recovery trajectory. The company achieved a consolidated weighted average occupancy of 80.0%, representing a substantial 190% year-over-year improvement and 20% sequential growth. This 80% threshold is particularly noteworthy as it marks a critical operational milestone for senior housing operators, where margin improvements typically accelerate.

The company's same community metrics show even stronger performance with 80.6% weighted average occupancy and an impressive 82.1% month-end occupancy. The 50% sequential increase in month-end occupancy represents the highest growth rate in nine months, suggesting accelerating operational momentum.

Quarter-to-date metrics indicate this isn't a one-month anomaly but part of a sustainable trend, with Q2 consolidated occupancy running 60% higher than Q1. The year-over-year acceleration in May's month-end sequential growth (50% vs. 30% in prior year) demonstrates improving sales efficiency and market penetration.

For context, Brookdale operates 647 communities across 41 states with capacity for approximately 58,000 residents. This scale provides significant operating leverage as occupancy grows. Each percentage point of occupancy improvement likely translates to meaningful revenue and margin expansion as fixed costs are spread across more paying residents.

NASHVILLE, Tenn., June 9, 2025 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for May 2025.

May 2025 Observations:

• May consolidated weighted average occupancy grew 190 basis points year-over-year and 20 basis points sequentially to 80.0%, achieving a critical milestone for the consolidated portfolio.
• Driven by strong move-in volume and disciplined sales execution, May same community weighted average occupancy was 80.6%, also increasing 20 basis points sequentially compared to April.
• May same community month end occupancy grew 50 basis points sequentially to 82.1%, achieving the highest month end sequential increase in the last nine months.
• Second quarter-to-date consolidated weighted average occupancy of 79.9% represents a 60 basis point sequential occupancy increase from the full first quarter; May 2025 month end occupancy growth accelerated to 50 basis points sequentially from April compared to 30 basis points in the prior year period.

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.

FAQ

What is Brookdale Senior Living's (BKD) current occupancy rate as of May 2025?

Brookdale's consolidated weighted average occupancy reached 80.0% in May 2025, representing a 190 basis points increase year-over-year and 20 basis points sequential growth.

How many senior living communities does Brookdale (BKD) operate?

Brookdale operates 647 senior living communities across 41 states, with the ability to serve approximately 58,000 residents as of March 31, 2025.

What was Brookdale's (BKD) same community month-end occupancy in May 2025?

Brookdale's same community month-end occupancy grew to 82.1% in May 2025, achieving the highest month-end sequential increase in the last nine months.

How is Brookdale's (BKD) Q2 2025 occupancy trending?

Brookdale's Q2-to-date consolidated weighted average occupancy is 79.9%, showing a 60 basis point increase from the first quarter of 2025.

What types of senior living services does Brookdale (BKD) offer?

Brookdale offers independent living, assisted living, memory care, and continuing care retirement communities, providing tailored solutions for seniors.