BKD News & Events

Still sees 2026 RevPAR year-over-year growth 8%-9%.

Reports Q1 revenue $764.86M, consensus $772.16M. "Over the past six months, we have executed on a significant number of meaningful changes that have Brookdale strongly positioned for the next wave of growth," said CEO Nick Stengle. "Our pricing is improving, our organization and cost structure are more streamlined, and our portfolio optimization is proceeding as planned. The table is now set for Brookdale to capitalize on the compelling supply-demand dynamic shaping up in the senior housing macroeconomic environment and to drive durable growth. Operating income improved from the start to the end of the quarter, and April's occupancy trends are solidly on track for us to deliver on our full year 2026 guidance levels of RevPAR year-over-year growth of 8% to 9% and $502M-$516M in Adjusted EBITDA."

Brookdale Senior Living reported today its occupancy for March 2026. Q1 consolidated occupancy results: Q1 weighted average occupancy grew 280 basis points year-over-year to 82.1% in 2026; sequential Q1 weighted average occupancy seasonally declined 40 bps. Historically, Brookdale's first quarter occupancy has declined by an average of 60 basis points from the prior quarter reflecting annual factors including winter weather and illnesses, rate changes, and holidays. March consolidated occupancy results: March 2026 weighted average occupancy increased 250 basis points year-over-year to 82.0%; March month end occupancy improved sequentially to 83.3%. March same community occupancy results: weighted average occupancy of 82.5% improved 130 basis points year-over-year. Historically, Brookdale experiences its strongest occupancy growth period of the year from roughly May through September.