Brookdale Reports November 2025 Occupancy

Rhea-AI Summary

Brookdale Senior Living (NYSE: BKD) reported November 2025 occupancy metrics. Consolidated weighted average occupancy was 82.5%, up 300 basis points year-over-year and down 10 basis points sequentially. Same-community occupancy was 82.8%, up 250 basis points year-over-year and down 20 basis points sequentially. Fourth quarter-to-date occupancy is 82.6%, an 80 basis point increase versus the full third quarter of 2025.

Brookdale operates 589 communities across 41 states and serves about 52,000 residents as of November 30, 2025.

Positive

• Consolidated occupancy at 82.5% (+300 bps YoY)
• Same-community occupancy at 82.8% (+250 bps YoY)
• Q4-to-date occupancy at 82.6% (+80 bps vs Q3 2025)
• Scale: 589 communities across 41 states serving ~52,000 residents

Negative

• Consolidated occupancy decreased 10 bps sequentially in November 2025
• Same-community occupancy decreased 20 bps sequentially in November 2025

Key Figures

Nov 2025 consolidated occupancy 82.5% Weighted average; +300 bps YoY, -10 bps sequential

Historical sequential change 10–20 bps decline Typical historical monthly sequential occupancy move

Q4-to-date occupancy 82.6% Fourth quarter-to-date; +80 bps vs full Q3 2025

Nov 2025 same community occupancy 82.8% Weighted average; +250 bps YoY, -20 bps sequential

Communities 589 Operating communities across 41 states as of Nov 30, 2025

Residents served 52,000 Approximate residents served as of Nov 30, 2025

Current share price $10.78 Before November occupancy release; +1.32% over prior 24 hours

52-week range $4.45–$11.38 Price stood 5.27% below 52-week high pre-release

Market Reality Check

$10.69 Last Close

Volume Volume 3,221,732 is 0.76x the 20-day average of 4,232,930 ahead of this update. normal

Technical Price $10.78 is trading above the 200-day MA of $7.49, reflecting a prior uptrend into the print.

Peers on Argus

BKD was up 1.32% pre-release while peers were mixed: NHC (-2.35%), ARDT (-1.68%), AVAH (+1.09%), PIII (-1.5%), GRDN (+1.78%). Moves do not point to a unified sector trend.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 18	Leadership change	Positive	-0.8%	Appointed experienced operator Mary Sue Patchett as Chief Operating Officer.
Nov 11	Corporate philanthropy	Positive	+3.0%	Donated $30,000 to Folds of Honor, reinforcing brand and community ties.
Nov 06	Earnings and guidance	Positive	-1.7%	Reported stronger occupancy and cash flow with higher Adjusted EBITDA guidance.
Oct 22	Earnings scheduling	Neutral	+0.2%	Announced dates and details for the Q3 2025 earnings release and call.
Oct 08	Occupancy update	Positive	+0.4%	Reported broad September occupancy gains across consolidated and same‑community metrics.

Pattern Detected

Operationally positive updates (occupancy, guidance, corporate initiatives) have sometimes met muted or negative price reactions, indicating mixed alignment between fundamentals and short-term trading.

Recent Company History

This announcement builds on a series of operational updates. In Q3 2025, Brookdale reported higher occupancy and a 20.4% rise in Adjusted EBITDA to $111.1M, while raising full‑year guidance. Prior occupancy data for September 2025 showed broad YoY and sequential gains. Corporate developments included naming a new COO effective December 1, 2025 and continued community portfolio reshaping. Today’s November occupancy data extends that focus on filling communities and stabilizing operations.

Market Pulse Summary

This announcement updates investors on November occupancy, with consolidated weighted average occupancy at 82.5% and same‑community occupancy at 82.8%. Year‑over‑year gains continue, while sequential moves remain within the historically typical 10–20 basis point decline range. In context of earlier Q3 improvements and raised Adjusted EBITDA guidance, investors may watch whether Q4-to-date occupancy of 82.6% translates into sustained cash‑flow and margin performance.

Key Terms

basis points financial

"82.5% increased 300 basis points year-over-year and decreased 10 basis"

Basis points are a way to measure small changes in interest rates or percentages, where one basis point equals 0.01%. For example, if a loan's interest rate increases by 50 basis points, it's gone up by 0.50%. They help people understand tiny differences in rates that can add up over time, making financial comparisons clearer.

AI-generated analysis. Not financial advice.

NASHVILLE, Tenn., Dec. 8, 2025 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for November 2025.

November 2025 Observations

• November consolidated occupancy results:
  • Weighted average occupancy of 82.5% increased 300 basis points year-over-year and decreased 10 basis points sequentially.
  • Historical sequential monthly occupancy change has been a 10 to 20 basis point decline.
  • Fourth quarter-to-date occupancy of 82.6% represents an 80 basis point increase over the full third quarter of 2025.
• November same community occupancy results:
  • Weighted average occupancy of 82.8% increased 250 basis points year-over-year. Weighted average occupancy decreased 20 basis points sequentially.

About Brookdale Senior Living
Brookdale Senior Living Inc. is the nation's premier operator of senior living communities. With 589 communities across 41 states and the ability to serve approximately 52,000 residents as of November 30, 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 was Brookdale (BKD) consolidated occupancy in November 2025?

Brookdale reported consolidated weighted average occupancy of 82.5% in November 2025.

How did Brookdale's November 2025 occupancy compare year-over-year for BKD?

Consolidated occupancy rose 300 basis points year-over-year; same-community occupancy rose 250 basis points.

Did Brookdale (BKD) occupancy improve in the fourth quarter of 2025?

Yes. Fourth quarter-to-date occupancy was 82.6%, an 80 basis point increase versus full Q3 2025.

What were the month-over-month occupancy trends for Brookdale (BKD) in November 2025?

Consolidated occupancy fell 10 basis points sequentially; same-community occupancy fell 20 basis points.

How many communities and residents does Brookdale report as of November 30, 2025?

Brookdale operates 589 communities across 41 states and can serve approximately 52,000 residents as of November 30, 2025.