Seniors Housing Business is the magazine that helps you navigate the evolution of the seniors housing industry.
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AS H A 2016 4 2016 ASHA 50 The 2016 ASHA 50 This special edition of Seniors Housing Business features the Amer- ican Seniors Housing Association (ASHA) 23rd 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 2016 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, 2016. 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 subsidies, 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 Krystalle Campo and David Schless of ASHA, who express their appreciation to the industry leaders for their participa- tion in this annual effort. Valuable assistance was provided by summer intern Ethan Schless of the Univer- sity of Maryland. For those readers interested in more information about the American Seniors Housing Association, please visit our website at www.seniorshousing.org. Contents 2016 Top 50 Owners 8 2016 Top 50 Operators 10 ASHA 50 survey highlights 12 Q&A; with Michael Grust: A champion of quality standards 16 ASHA Executive Committee 26 ASHA Executive Board 28 ASHA Advisory Committee 40 ASHA Associate Members 44 ASHA staff and counsel 52 Walk To End Alzheimer's 53 About ASHA 54 2017 ASHA Annual Meeting 55 ASHA Bookstore 58 ASHA's advocacy focus 59 ASHA's works to advance key legislative priorities before year-end 60 ASHA's new consumer website gains traction for educating elders and their families 63 First-year rollout of ASHA's aggressive five-year plan proves fruitful 67 The 2016 ASHA 50 is a publication of American Seniors Housing Association 5225 Wisconsin Avenue, Suite 502 Washington, DC 20015 www.seniorshousing.org The 2016 ASHA 50 is published in cooperation with France Media, Inc. © 2016 France Publications, Inc. d/b/a France Media, Inc. The opinions and statements made by authors, contributors and advertisers herein are not necessarily those of the editors and publishers.