In addition to compiling the top senior living providers by unit count for 2014, the Assisted Living Federation also ranked the top property owners in the sector by number of units and properties nationwide.
Among the top owners, six of the top seven are real estate investment trusts, with the remaining owner being private equity company TPC Capital based in Fort Worth, Texas.
The top owner by unit count is Health Care REIT, with 54,000 senior living units nationwide. Second in the ranking is Ventas with 62,527 units, followed by the third of the “Big 3” healthcare REITs HCP Inc. with 46,103 units.
ALFA also charted the number of properties owned by the entities, finding Health Care REIT owns 1,061 in total, almost twice that of the next largest owner Ventas with 682 properties in the sector.
Completing the top seven owners noted by ALFA in its rankings were Senior Housing Properties Trust, National Health Investors, TPG Capital and Newcastle Investment Corp.