# Brookdale Senior Living Narrows Q3 Loss to $13.9 Million but Trims 2026 Guidance

> Brookdale Senior Living reported a $13.9 million third-quarter net loss and lowered its 2026 Adjusted EBITDA guidance to $495 million to $502 million.

- Published: 2026-11-06T12:07:31+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-06/brookdale-senior-living-q3-2026-results
- Source: [PR Newswire](https://www.prnewswire.com/news-releases/brookdale-announces-third-quarter-2026-results-302931416.html)

## Key takeaways

- Brookdale Senior Living's third-quarter 2026 net loss was $13.9 million, compared with $114.7 million a year earlier.
- Adjusted EBITDA rose 12.0% to $124.3 million, while consolidated RevPAR grew 7.5% year-over-year.
- Brookdale cut its 2026 Adjusted EBITDA guidance to $495 million to $502 million and RevPAR growth to 7.4% to 7.9%.

[Brookdale Senior Living](https://akta.pro/company-profiles/0000ot8/brookdale-senior-living) reported a third-quarter 2026 net loss of $13.9 million, compared with a $114.7 million loss in the same quarter of 2025, and lowered its full-year 2026 guidance. The company announced the results on November 6, 2026, according to [PR Newswire](https://www.prnewswire.com/news-releases/brookdale-announces-third-quarter-2026-results-302931416.html).

## Brookdale's Third-Quarter Loss and Guidance Cut

Adjusted EBITDA for the quarter ended September 30, 2026, was $124.3 million, up 12.0% from the third quarter of 2025. Consolidated revenue per available unit rose 7.5% year-over-year, and weighted average occupancy improved 130 basis points to 83.1%.

Brookdale now expects full-year 2026 Adjusted EBITDA of $495 million to $502 million, down from prior guidance of $502 million to $516 million. It also revised RevPAR growth guidance to 7.4% to 7.9% from 8.0% to 9.0%.

"While we achieved our quarterly plan for Adjusted EBITDA, we fell short of our RevPAR goal due to slower occupancy growth, particularly late in the quarter," said Nick Stengle, Brookdale's Chief Executive Officer. Stengle cited third-quarter occupancy carryover, additional marketing investments and the expected revenue and expense impact of a fire at the company's 97-unit Clinton, Mississippi community, which is currently vacant.

## Brookdale's Portfolio Moves Behind the Numbers

Brookdale is the largest U.S. senior living operator, running communities across 41 states on a recurring monthly fee model, according to akta.pro [company records](https://akta.pro/company-data). The same records show a 2026 divestiture target of 517 communities by mid-2026, down from a peak of more than 1,150 communities in 2014, as the company shifts away from leased properties toward ownership.

In September 2026, Brookdale completed the acquisition of 17 previously leased communities for $157.4 million plus $2.6 million of transaction costs. In October 2026, it entered a definitive agreement to acquire 30 currently leased communities with 1,152 units for $290.0 million, a deal expected to close in the fourth quarter of 2026.

## Brookdale's Path to the Third Quarter

In October 2026, Simply Wall St reported that the 17-community purchase removed about $11 million in annual cash rent in 2027 and lifted Brookdale's owned share to roughly 77%. On October 8, 2026, PR Newswire reported that Brookdale operated 529 communities across 41 states and could serve approximately 45,000 residents as of September 30, 2026. In September 2026, FinancialContent Business Page reported that Brookdale's second-quarter revenue fell 11.6% year on year to $718.6 million.

## Brookdale's Fourth-Quarter Closing Conditions

The 30-community acquisition is expected to close during the fourth quarter of 2026, subject to customary closing conditions, and to be funded with cash on hand and non-recourse mortgage debt. Brookdale also plans to sell five additional owned communities with 270 units during 2026, subject to conditions including regulatory approvals.

## Companies in this story

- [Brookdale Senior Living company profile](https://akta.pro/company-profiles/0000ot8/brookdale-senior-living) · website: https://www.brookdale.com

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