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.