Capital Senior Living reported May occupancy of 78.2%, an increase of 294 basis points (2.94%) from the pandemic low average monthly occupancy of 75.3% in February.
Approximately 53% of the company’s 60 owned senior living communities and all but two of its managed communities are above pre-pandemic February 2020 occupancy levels, CSL reported.
“The positive occupancy trends are very encouraging as we enter the growth-focused phase of our strategic plan,” Kimberly S. Lody, president and CEO of CSL, stated in a press release. “We attribute this increase in occupancy to several factors: the safety protocols we implemented at the onset of the pandemic, our well-executed vaccination program that has allowed us to ease restrictions across much of our portfolio and the introduction of new resident-centric programming.”
According to CSL, most residents now are fully vaccinated. The company has lifted the mask mandate for fully vaccinated residents and staff and has been to ease other COVID-19 protocols as well in accordance with Centers for Disease Control and Prevention and local guidelines.
