BKD

Brookdale Senior Living Inc. is the largest operator of senior living communities in the United States, providing independent living, assisted living, memory care, and continuing care retirement communities. The company operates hundreds of communities under the Brookdale brand, serving tens of thousands of residents across the country. Brookdale offers various service levels from independent living for active seniors to specialized memory care for residents with Alzheimer's and dementia. The company generates revenues primarily from monthly service fees and ancillary services including therapy, home health, and personalized care. Founded in 1978 and headquartered in Brentwood, Tennessee, Brookdale has faced significant challenges including industry oversupply, labor shortages, rising operating costs, and high debt levels. The COVID-19 pandemic severely impacted occupancy and operations through resident fears, increased costs, and tragic loss of life. Brookdale has worked to improve occupancy, reduce debt, and enhance operational efficiency. The company benefits from favorable demographic trends with an aging U.S. population. Brookdale continues to focus on resident care quality, sales execution, and financial stability.