Brookdale Occupancy Rises, Showing Signs of Pandemic Recovery

by Jeff Shaw

NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has reported that occupancy across its portfolio has increased for three straight months, signaling a start to the recovery from the COVID-19 pandemic.

Occupancy at the end of each month rose from 70.1 percent in February to 70.6 percent in March, 71.1 percent in April and 71.6 percent in May.

The Nashville-based company managed 695 communities in 42 states as of March 31.

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