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Exterior of senior living facility An Atria senior living community in West Chester, PA.

LOUISVILLE, KY—Atria Senior Living’s management team has secured an investment from Ventas in a $1-billion venture focused on development and redevelopment opportunities in high barrier-to-entry markets. The investment from Ventas coincides with the Atria executives selling 50% of their 66% ownership in their company’s management services business to Fremont Realty Capital, the real estate private equity business unit of the Fremont Group, in order to raise growth capital.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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