Brookdale, Atria, LCS Again Top Argentum Largest Providers List in 2024

Brookdale Senior Living, Atria Senior Living, and LCS have once again secured the top three positions as the largest senior living providers, according to the latest Argentum 150 report released on June 26. Despite a decrease in total unit count for some, these industry leaders remain at the forefront. Brookdale, based in Brentwood, Tennessee, holds the no. 1 spot even with a slightly lower unit count. Atria, headquartered in Louisville, Kentucky, has appointed a new CEO and is exploring online options for future residents. LCS, based in Des Moines, Iowa, saw an increase in units as they focus on preparing for the incoming baby boomers. Discovery Senior Living has entered the top five with an acquisition contributing to their growth. Erickson Senior Living, on the other hand, saw a decrease in units but has new developments underway. Retirement Unlimited, Inc. experienced significant growth, and the industry as a whole is forecasted for further expansion despite current economic trends. Senior housing experts emphasize the importance of taking advantage of current opportunities rather than waiting for uncertain rate cuts. Overall, the Argentum report showcases the strength and growth of the senior living industry in 2024.