November 2024 Observations: November weighted average occupancy increased 110 basis points year-over-year to 79.5% in 2024. Demonstrating an improvement to recent years, November weighted average occupancy increased 10 basis points sequentially from October. Month end occupancy exceeded 80% for the fourth consecutive month. Fourth quarter-to-date move-ins and move-outs improved to the prior year comparable period supporting a 100 basis point weighted average occupancy increase over 2023 fourth quarter-to-date.
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