Capital Senior Living Announces September 2021 Occupancy
October 14 2021 - 7:00AM
Business Wire
Marks seventh month of consecutive growth
Capital Senior Living Corporation (the “Company” or “Capital
Senior Living”) (NYSE: CSU), a leading owner-operator of senior
living communities and services announced its September 2021
occupancy.
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the full release here:
https://www.businesswire.com/news/home/20211014005333/en/
Capital Senior Living September 2021
Occupancy Chart (Graphic: Business Wire)
September average occupancy was 81.4%, an increase of 20 basis
points from August and 610 basis points from the pandemic low
average monthly occupancy of 75.3% in February 2021.
While September marks the seventh consecutive month of occupancy
improvement for the Company, the growth has slowed compared to
prior months. The deceleration was caused in part by capital
constraints and expense management activities which delayed room
turns for potential resident tours and move-ins.
Leading indicators, such as leads, tours and overall sales
activities, continued to increase sequentially in Q3 compared to
Q2.
About Capital Senior Living
Dallas-based Capital Senior Living Corporation is one of the
nation’s leading operators of independent living, assisted living
and memory care communities for senior adults. The Company operates
75 communities that are home to nearly 7,000 residents across 18
states providing compassionate, resident-centric services and care
and engaging programming. The Company offers seniors the freedom
and opportunity to successfully, comfortably and happily age in
place.
Learn more on the Capital Senior Living website or connect with
the Company on Facebook, Twitter or LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20211014005333/en/
Kimberly Lody (972)
308-8323, klody@capitalsenior.com
Capital Senior Living (NYSE:CSU)
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