secwatch.observer — SEC 8-K summary
======================================

Issuer:     Brookdale Senior Living Inc. (BKD)
CIK:        0001332349
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001332349-23-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brookdale Q4 RevPAR up 9.8% YoY, net loss narrows to $25.7M; occupancy 77.2%
----------------------------------------------------------------------------

- Full-year RevPAR +10.1% YoY; weighted average occupancy +390 bps.
- Q4 same community resident fee revenue $636.9M (+9.8% YoY); facility op expense $502.9M (+8.1%).
- Q4 adjusted EBITDA $46.6M vs $35.8M YoY; net loss $25.7M vs $81.7M YoY.
- Year-end liquidity $453M; no significant debt maturities until Sep 2024.
- CEO reports stronger-than-expected Jan 2023 move-in results; optimistic for continued recovery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1332349/000133234923000044/0001332349-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1332349/000133234923000044/bkd-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001332349-23-000044

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