ALEXANDRIA, Va. – March 20, 2012 Senior Living Executive
, the award-winning magazine of the Assisted Living Federation of America
(ALFA), has released its much-anticipated annual list of the nation’s largest senior living providers. The list features the Top 80 Largest Providers—giving readers and industry watchers a broad view of the competitive senior living landscape. The list and accompanying story appear in the March/April issue of Senior Living Executive
, which is available in print and as a digital edition at www.alfapublications.org
The year 2011 saw a number of REIT-based acquisitions, higher absorption, major management deals, and small amounts of construction, leading to a number of shakeups in the top 80 list. The list ranks for-profit senior living operators by total resident capacity (as of Jan. 1, 2012), as reported by each company. The top 80 senior living providers now account for a total operational resident capacity of nearly 504,000 (up 9 percent from 2011), including more than 245,000 in independent living and almost 239,000 in licensed assisted living.
The top five companies remained unchanged with the exception of Brookdale Senior Living overtaking Emeritus Senior Living for the top spot with capacity of 63,472 after acquiring the operations of Horizon Bay Retirement Communities (no. 7 in the 2011 list).
| 1. Brookdale Senior Living
|| 1. Emeritus Senior Living
| 2. Emeritus Senior Living
|| 2. Brookdale Senior Living
| 3. Holiday Retirement
|| 3. Holiday Retirement
| 4. Sunrise Senior Living
|| 4. Sunrise Senior Living
| 5. Life Care Services LLC
|| 5. Life Care Services LLC
Emeritus, however, is the largest provider in the assisted living category with assisted living resident capacity of 32,033, followed by Sunrise Senior Living with 27,705 and Brookdale with 26,275. In independent living, Holiday Retirement is the largest operator, with independent living capacity of 40,440, followed by Brookdale with 30,767. And, finally, in the subset of memory care, Emeritus is the biggest provider with memory care resident capacity of 8,601, followed by Sunrise with 8,327.
Read the full story in Senior Living Executive’s March/April 2012 issue at www.alfapublications.org. For more information about ALFA and Senior Living Executive, visit www.alfa.org.
About The Assisted Living Federation of America
Jaclyn Allmon Acting VP, Marketing & Membership
The Assisted Living Federation of America (ALFA) is the largest national association exclusively dedicated to professionally-managed senior living communities and the seniors and families they serve. For 20 years, ALFA has worked to educate policymakers and consumers by advocating for choice, accessibility, independence, dignity, and quality of life for seniors. ALFA’s member-driven programs promote business and operational excellence through education, research, publications, professional networking and online tools designed to foster collaboration and innovation in the field of senior living. Visit ALFA’s Web site at www.alfa.org.