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Atria Senior Living makes first move in $3B joint venture

Chris Larson
Atria Senior Living makes first move in $3B joint venture

Atria Senior Living and the global real estate firm Related Companies Inc. have acquired their first property as part of a previously announced $3 billion joint venture. The move deepens the Louisville-based senior living facility operator's investment in California, one of the company's most important markets, Atria CEO and chairman John Moore said in an interview. The joint venture, called the Related|Atria JV, bought the former KRON-TV building at 1001 Van Ness Ave. in San Francisco, according to a news release.