secwatch.observer — SEC 8-K summary
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Issuer:     Brookdale Senior Living Inc. (BKD)
CIK:        0001332349
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001332349-22-000080
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brookdale Q3 RevPAR +9.7%, occupancy +390 bps YoY; completes $220M refinancing
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- Same community RevPAR $4,151 (+9.9% YoY); weighted avg occupancy 76.5% (+400 bps YoY).
- Consolidated resident fee revenue $650.2M (+8.3% YoY); net loss $(28.4)M vs prior year income $174.3M.
- Adjusted EBITDA $106.9M vs $34.6M YoY, up $72.3M.
- Completed $220.0M debt refinancing in October 2022.
- Reduced contract labor over 40% sequentially; 11th consecutive month of positive net hires in Sep.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1332349/000133234922000080/0001332349-22-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1332349/000133234922000080/bkd-20221107.htm
  HTML page:      https://secwatch.observer/filing/0001332349-22-000080

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer