Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for February 2022.
February 2022 Observations:
February was the fourth consecutive month of positive year-over-year weighted average occupancy growth since the pandemic began.
Achieved positive net move-ins and move-outs (MIMO) in February for first time since 2014 while weighted average occupancy held relatively flat (-10 bps) during the month.
Weighted average occupancy grew 390 basis points from start of turnaround in February 2021.
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