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Research Proposal
Prepared for David H. | Delivered October 12, 2019
Atria Senior Living
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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Prepared By
Jennifer P.
1284 assignments | 5.0