Strong Financial Performance
RevPAR increased by 6.1% year-over-year, adjusted EBITDA grew over 15%, and adjusted free cash flow improved nearly 40%, turning positive in the back half of 2024.
Occupancy and Engagement Improvements
Weighted average occupancy grew by 140 basis points, and the company saw the strongest fourth quarter move-in volume since 2016.
Associate Retention and Workplace Recognition
Trailing twelve-month turnover improved by more than thirteen percentage points compared to 2023, and Brookdale was named a top 200 most loved workplace by Newsweek in 2024.
Positive Outcomes from Health Plus Program
Residents in Health Plus communities had 80% fewer emergency room visits and 66% fewer hospitalizations compared to seniors with comparable conditions living at home.
Strategic Portfolio Management
Successful lease amendments and acquisitions increased the proportion of owned real estate to over 75% of consolidated units, improving cash flow and liquidity.
Debt Management Success
Addressed more than $1 billion of future maturities, eliminating all 2025 debt maturities and significantly reducing 2026 maturities.