LeadingAge and Ziegler Release the 2013 LZ 100 Listing
Chicago, IL (PRWEB) September 26, 2013 -- Ziegler, a specialty investment bank, is pleased to announce the release of the 2013 LeadingAge Ziegler 100 (LZ 100). Now available, the tenth edition of this report, is a snapshot of the long-standing story of LeadingAge members. The LZ 100 lists the largest not-for-profit systems providing aging services through senior living in the United States, by order of their total owned market-rate units.
The LeadingAge Ziegler 100 began through the desire of LeadingAge and Ziegler to examine and understand the not-for-profit senior-living field. The 100 largest systems represent more than 201,000 market-rate senior-living units across 44 states. The systems range in size from 18,462 units to 793 units, and they own 961 total communities. Throughout 2012, the LZ 100 grew primarily through expansion or by the addition of units through merger, acquisition or affiliation. Nearly 90% of the LZ 100 organizations now offer designated memory-support units and 190 small house communities are sponsored by the LZ 100. Six out of 10 (61%) of LZ 100 organizations also offer some type of home and community-based services. In the last 10 years, the average annual growth rate in total units is nearly 2%, with a 1.6% increase in 2012 alone.
Dan Hermann, Senior Managing Director and Head of Investment Banking at Ziegler, commented, “The tenth edition of the LeadingAge Ziegler 100 reflects market trends of 2012. Similar to other recent years, 2012 did not fall short in providing its challenges to providers. The nation is in the early stages of health care reform, our housing market remains fragile, and the economy continues with its inconsistencies. As a result of these challenges, providers are looking to new and innovative ways to attract residents. Organizations are extending marketing and research efforts among all folds of their campuses in order to attract and retain residents at their communities. Management’s decisions, as they are faced with challenging times, contribute to various trends that can be noted in the LZ 100 publication from year to year.”
As one of the nation’s leading underwriters of financing for not-for-profit senior living providers, Ziegler offers investment banking, financial risk management, merger and acquisition services, investment management, seed capital, FHA/HUD, capital and strategic planning as well as senior living research, education, and communication.
For more information about Ziegler, please visit us at http://www.Ziegler.com.
Christine McCarty, Ziegler, http://www.ziegler.com, 312 596 1617, [email protected]
Share this article