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Research Outline
Prepared for David H. | Delivered October 12, 2019
Atria Senior Living
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Goals
Provide data on Atria Senior Living, including revenue, growth, future plans, and market size, in order to evaluate career roles in the company
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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
V
e
n
t
a
s
, 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.
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