ADDED
As of February 17, 2026, 237,792,413 shares of the registrant's common stock, $0.01 par value, were outstanding (excluding restricted shares and restricted stock units).
Our Business We are the nation's premier operator of senior living communities, operating and managing 584 communities in 41 states as of December 31, 2025, with the ability to serve approximately 51,000 residents.
As of December 31, 2025, we owned 370 communities (33,262 units), leased 178 communities (10,608 units), and managed 36 communities (4,374 units).
We continue to focus on operational excellence achieved through a culture of caring, with people serving people.
Brookdale is committed to its foundation as an operating company.
We intend to enrich lives and drive value for our residents, families, associates, and stockholders and are focused on operational excellence that will position us for growth and capitalize on positive trends in demand demographics, customer preferences, and lower new supply in the industry, while using our unique Brookdale differentiators and scale to our advantage.
Our key strategic priorities are as follows: Attract, engage, develop, and retain the best associates.
Operational excellence, resulting in increased revenue, disciplined expense management, and accelerated growth.
We believe our Brookdale HealthPlus program can be a key differentiator for Brookdale in the market.
As we continue to focus on driving organic growth in our business, in the near and longer term, we also intend to (i) exit certain non-strategic or underperforming owned assets when possible, (ii) exit or restructure underperforming leases as we approach lease maturity, where possible, (iii) expand our footprint and services in certain core markets, and (iv) explore further growth opportunities, such as opportunistic acquisitions (including potential acquisitions of currently leased assets) and other expansions of our senior living business, subject to capital availability.
REMOVED
As of February 17, 2025, 200,189,063 shares of the registrant's common stock, $0.01 par value, were outstanding (excluding restricted shares and restricted stock units).
Our Business We are the nation's premier operator of senior living communities, operating and managing 647 communities in 41 states as of December 31, 2024, with the ability to serve approximately 58,000 residents.
As of December 31, 2024, we owned 353 communities (32,206 units), leased 266 communities (18,633 units), and managed 28 communities (4,256 units).
We continue to focus on the health and well-being of our residents and associates and on achieving our long-term growth potential by providing valued high-quality care and personalized service.
We believe successful execution of this strategy provides the best opportunity to create attractive long-term stockholder value.
We are focused on priorities that will position us for growth and capitalize on positive trends in demand demographics, customer preferences, and lower new supply in the industry, while using our unique Brookdale differentiators and scale to our advantage.
Our key strategic priorities are as follows: Get every available room in service at the best profitable rate.
Our goal is to initially return to our pre-pandemic level of occupancy and margins, to return to generating positive (and growing) cash flow, and then to reach or exceed our historical occupancy high and expand our margins over the long term.
For the third consecutive year, an independent third party found that Brookdale HealthPlus delivered measurable favorable outcomes compared to seniors with similar attributes living at home or in competitive senior living properties, with this year's outcomes showing even greater improvement than the previous year.
As a result, we expect to introduce Brookdale HealthPlus to additional communities.