Despite a 15% reduction in units over the past year, Brentwood, TN-based Brookdale Senior Living is “still well ahead of the rest of the pack,” holding onto the No. 1 spot on Argentum’s new list of the 140 largest senior living providers, the association said Wednesday.

Brookdale, with 75,537 total units across 844 communities, has well more than double the number of units as Holiday Retirement, which has 31,313 total units across 259 communities and holds the No. 2 position on the list.

Argentum said its 2019 list — with 15 more providers than last year — represents a total of 624,795 units. Looking at just the top 125 providers (the size of the 2018 list), operators saw an overall 5.4% growth in units over the past year, according to the organization.

“We’re seeing changes in position and newcomers to the list this year,” Argentum President and CEO James Balda said in a statement. “The growth of the list reflects the growth in this industry.”

The list, generally speaking, represents only for-profit providers and does not include skilled nursing. Data are current as of March 31.

The top 10 largest providers overall:

  1. Brookdale Senior Living
  2. Holiday Retirement
  3. Life Care Services
  4. Sunrise Senior Living
  5. Five Star Senior Living
  6. Atria Senior Living
  7. Erickson Living
  8. Senior Lifestyle Corp.
  9. Capital Senior Living
  10. Affinity Living Group

Argentum also shared additional rankings.

Breaking down providers by type of unit, Brookdale once again is the largest provider in assisted living (41,485 units) and memory care (11,423 units), and Holiday Retirement, as it was last year, is the largest provider in independent living (30,897 units).

With 80,032 total units, Brookdale is the largest provider as far as operational resident capacity, Argentum said. The total is well more than twice as many units as the organization with the second highest operational resident capacity, Life Care Services, with 34,420 total units.

Life Care Services is the largest operator of continuing care retirement communities, also known as life plan communities, with 73 such properties, the association said.

Sunrise Senior Living is the company on the list with the most properties outside of the United States, with 61 such properties, according to Argentum.

By a significant margin, the two largest real estate investment trusts in senior living are Welltower, with $17.5 billion in senior living investments and 659 properties, and Ventas, with $16.6 billion in senior living investments and 672 properties, according to Argentum.

See all of the lists here.

The Argentum rankings were released one day after a similar list of largest operators from the American Seniors Housing Association, which Brookdale also topped.