Seniors Housing Business

ASHA 2018

Seniors Housing Business is the magazine that helps you navigate the evolution of the seniors housing industry.

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AS H A 50 2018 4 2018 ASHA 50 The 2018 ASHA 50 This special edition of Seniors Hous- ing Business features the Ameri- can Seniors Housing Association (ASHA) 25th annual compilation of our industry's authoritative ranking of the nation's largest seniors hous- ing owners and operators. To ensure the accuracy of the 2018 ASHA 50, ASHA assembled a list of prospective ranked compa- nies from every available source. A senior officer from each firm was asked to provide their current holdings as of June 1, 2018. Data was also used from outside sources deemed reliable, such as public filings. Companies listed in the ASHA 50 are not required to be members of ASHA, although most that appear in this year's rankings are ASHA members. For purposes of this survey, seniors housing units include inde- pendent living units and assisted living beds, as well as memory care/Alzheimer's units and skilled nursing beds, which are part of a larger retirement living complex (such as a CCRC/LPC), and include rental, entrance fee units designed and operated exclusively for adults aged 55 years and over. Units where residents receive Section 8 or equivalent rental sub- sidies, single-family homes, hotel rooms, stand-alone skilled nursing beds, or mobile home units and pads are not included. Additionally, the ASHA 50 rankings do not include properties where more than 30% of the units are licensed for skilled nursing. Respondents were requested not to report properties owned indi- rectly through ownership of shares in another company and were instructed not to include proper- ties leased from other owners for purposes of calculating the ASHA 50 owners list. The ASHA 50 was compiled and analyzed by Meghan "Megs" Ber- toni, Ethan Schless and David Schless of ASHA, who express their appreci- ation to the industry leaders for their participation in this annual effort. For those readers interested in more information about the American Seniors Housing Association, please visit our website at www.seniorshousing.org. Contents 2018 Top 50 Owners 8 2018 Top 50 Operators 12 ASHA 50 Survey Highlights 14 Q&A with Alan Butler 16 ASHA Executive Committee 26 ASHA Executive Board 28 ASHA Advisory Committee 42 ASHA Associate Members 44 ASHA Staff 50 Walk To End Alzheimer's 52 About ASHA 54 ASHA Member Application 55 ASHA Bookstore 56 ASHA's Advocacy Focus 57 Washington Update ASHA Members Push for Tax Deductions on Medical Expenses and Business Interest, and Get Results 58 Independent Living 2.0 62 Q&A with Michael Grust and David Schless 70 The 2018 ASHA 50 is a publication of American Seniors Housing Association 5225 Wisconsin Avenue, Suite 502 Washington, DC 20015 www.seniorshousing.org The 2018 ASHA 50 is published in cooperation with France Media Inc., Atlanta, GA © 2018 France Publications Inc. d/b/a France Media Inc. Layout and design by Robin Sherman Editorial and Design Services, Savannah, GA., www.linkedin.com/in/robinshermaneditdesign. The opinions and statements made by authors, contributors and advertisers herein are not necessarily those of the editors and publishers. Photos at the top of each page: The Symphony at the Waterways, Fort Lauderdale, Florida, owned and operated by Capital Health Group, LLC, and AEW Capital Management.

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