Alexandria, VA – Leading national trade group Argentum, today released the 2023 Largest Provider Report, which contains data and information about the largest 150 senior living providers in the United States.
Created in partnership with Lument, a national leader in multifamily and seniors housing real estate finance, and sponsored by AccuShield, this provides a comprehensive look at the senior living industry and details data on U.S. assisted living, independent living, memory care, and CCRCs, as well as timely information on important topics including major market changes, inflation disruption, technologies revolutionizing the industry, a workforce outlook, progress for women in leadership positions and insight into the Argentum strategic plan.
The largest providers list is built exclusively from voluntary and company-provided survey data. Rankings are determined based on total company units. In addition, leading executives from many of these big players in the industry offer business-environment projections and candid assessments of challenges ahead, notably the workforce crisis impacting all providers.
“This report is an invaluable resource for senior living providers,” commented James Balda, president and CEO of Argentum. “It provides a comprehensive look at the industry and helps providers make informed decisions about their future. We are also pleased that many of the top 150 providers are members of Argentum, signifying their dedication to promoting quality care and service to older adults.”
Aaron Becker, senior managing director and head of seniors housing and healthcare production at Lument, said the company is “thrilled to once again collaborate with Argentum to produce this immensely insightful report. The data sheds light on the progress and strength of the senior living industry and its optimistic outlook for growth in the years ahead.”
“We are proud to partner with Lument to bring this report to the senior living industry,” continued Balda. “We are happy to recognize the largest providers serving seniors across the country.”
Access the latest results in senior living provider growth and stability with this year’s Largest Provider Report here.
About Argentum:
Argentum is the leading national association exclusively dedicated to supporting companies operating professionally managed, resident-centered senior living communities and the older adults and families they serve. Since 1990, Argentum has advocated for choice, independence, dignity, and quality of life for all older adults.
Argentum member companies operate senior living communities offering assisted living, independent living, continuing care, and memory care services. Along with its state partners, Argentum’s membership represents approximately 75 percent of the senior living industry—an industry with a national economic impact of nearly a quarter of a trillion dollars and responsible for providing over 1.6 million jobs. For more information, visit www.argentum.org.
About Lument:
Headquartered in New York with major offices in Columbus and Dallas, Lument is a nationally recognized leader in multifamily and seniors housing finance, providing a comprehensive set of custom capital solutions for investors in multifamily, affordable housing, and seniors housing & healthcare real estate. We are a Fannie Mae DUS®, Freddie Mac Optigo®, FHA, and USDA lender and offer a suite of proprietary commercial lending, investment banking, and investment management solutions. Lument is a brand of ORIX Real Estate Capital Holdings, LLC. For more information, visit www.lument.com.
