Discovery Senior Residing has joined Brookdale Senior Residing (NYSE: BKD) and LCS as among the many prime three largest suppliers in senior residing, in accordance with the newest Argentum 150 report.
The report, launched July 14, ranks the highest 150 largest senior residing suppliers throughout the nation in dimension by complete unit depend and highlights the most important adjustments from the earlier yr’s report.
Brentwood, Tennessee-based Brookdale once more took the highest spot within the 2025 rankings with a complete of 53,794 items, representing a lower in contrast with 2024, when the corporate reported having 54,328 complete items in its portfolio.
Within the No. 2 spot in 2025 was Bonita Springs, Florida-based Discovery Senior Residing, a brand new entry into the top-three rankings. The operator moved as much as the second largest supplier within the U.S. with 33,692 items in 2025, representing a achieve from final yr, when it was the No. 4 largest supplier with 30,355 items in 2024. Over the previous two years, Discovery has been specializing in horizontal development and launching regional working firms. The corporate nonetheless trails Brookdale in the latest rankings by about 20,000 items.
Des Moines, Iowa-based LCS held its spot because the No. 3 largest supplier with 33,174 items in 2025, up from the 32,710 it reported in 2024. The corporate is utilizing knowledge fashions to spice up its income and margins, which has led to improved conversion charges and elevated move-ins.
Atria Senior Residing, which had been the second-largest supplier in 2024 with 38,007 items, dropped right down to fifth with 25,045 items in 2025. Final yr, Welltower (NYSE WELL) transitioned 89 Vacation by Atria communities to 6 different operators.
Among the many different prime 10 adjustments had been Erickson Senior Residing shifting as much as fourth from fifth; AlerisLife/FiveStar Senior moved as much as fifth from sixth; Senior Way of life moved as much as eighth from ninth; and Story Level Group moved to ninth from tenth.
Cogir Administration rounded out the highest 10 by shifting from No. 20.
Among the many operators who noticed probably the most motion from 2024 to 2025 was Dial/Waters Senior Residing, which jumped from 21 positions as much as 32 from 53 and totaling 5,005 items.
Whereas the business is seeing constructive development via margins and occupancy good points all through the previous yr, it additionally stands at a pivotal second, in accordance with Aaron Becker, senior managing director and head of seniors housing and healthcare manufacturing for Lument.
“Because the silver tsunami of favorable demographics begins to achieve shore, we discover that new improvement continues to stall, making it clear that failure to make progress on this subject could lead on to an enormous scarcity in provide within the coming a long time,” Becker wrote within the report. “With the robust demand anticipated to develop within the years forward, now’s the time for homeowners and operators to look at how they will place their communities for long-term success.”
