Wonder

Atria Senior Living

Delivered October 12, 2019. Contributor: Jennifer P.

Goals

Provide data on Atria Senior Living, including revenue, growth, future plans, and market size, in order to evaluate career roles in the company

Early Findings

Atria Senior Living has an estimated annual revenue of $778.5 million.  

The total revenue for Atria in 2010 was approximately $408 million, suggesting the company has grown significantly in the past several years. 

Atria Senior Living was formed out of the Atria Senior Living Group (ASLG), when assets were acquired for $3.1 billion by Ventas, a health care real estate company. 

Key competitors by size and revenue are Sunrise Senior Living and Brookdale Senior Living.  

Atria has communities in 27 US states and 7 Canadian provinces, with over 23,000 residents. 

 In the US, Atria is the seventh-largest senior living operator.

Since 2011, they have nearly doubled their number of communities and revenues. 

In 2017, the company announced they would be investing $1 billion in development and redevelopment, with a focus on high-barrier-to-entry markets. 

Growth in the senior living space as a whole is moderate, as the construction in the senior housing space has created occupancy availability and kept prices stable.

Proposed next steps:

You need to be the project owner to select a next step.