EX-99.1 2 december2022occupancy8-k.htm EX-99.1 december2022occupancy8-k
Exhibit 99.1 Brookdale Reports December 2022 Occupancy Nashville, Tenn., January 10, 2023 – Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for December 2022. December 2022 Observations:  Fourth quarter weighted average occupancy increased 70 basis points compared to the third quarter.  Achieved fourteen consecutive months of year-over-year weighted average occupancy growth.  December’s weighted average occupancy increased 340 basis points year-over-year, and grew 760 basis points since the start of the recovery in March 2021. About Brookdale Senior Living Brookdale Senior Living Inc. is the nation’s premier operator of senior living communities. The Company is committed to its mission of enriching the lives of the people it serves with compassion, respect, excellence and integrity. The Company operates independent living, assisted living, memory care, and continuing care retirement communities. Through its comprehensive network, Brookdale helps to provide seniors with care and services in an environment that feels like home. The Company’s expertise in healthcare, hospitality and real estate provides residents with opportunities to improve wellness, pursue passions and stay connected with friends and loved ones. Brookdale operates and manages 673 communities in 41 states as of December 31, 2022, with the ability to serve more than 60,000 residents. 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 Twitter. Jessica Hazel, VP Investor Relations • 615-564-8104 • email: Jessica.hazel@brookdale.com 70% 75% 80% Dec 2021 Jan 2022 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average for Month Month end 2021 2022 Occupancy Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Wtd. avg. 73.6% 73.4% 73.3% 73.6% 73.9% 74.6% 75.2% 75.9% 76.4% 76.9% 77.2% 77.0% 77.0% Month end 74.5% 74.2% 74.4% 75.0% 75.3% 76.2% 76.6% 77.1% 77.9% 78.4% 78.2% 78.1% 78.1% Weighted average 1Q 2022 73.4% 2Q 2022 74.6% 3Q 2022 76.4% 4Q 2022 77.1% Brookdale’s Consolidated Occupancy