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Related Cos., Atria Form $3B Senior Housing JV

Senior housing is a new focus for Related Cos.

Jeff Blau

For more information on healthcare real estate news, join us at REALSHARE HEALTHCARE in SCOTTSDALE, AZ, from Dec 5-6, 2018. This event brings together the best and brightest in the healthcare CRE industry as developers, owners, investors, brokers, and financiers convene to discuss the top trends in healthcare real estate. This conference is powered by GlobeSt.com, the go-to-source for healthcare real estate news and analysis. To register for REALSHARE HEALTHCARE, please visit here.

NEW YORK CITY–Related Cos., and Atria Senior Living have formed a joint venture in which they plan to develop more than $3 billion of urban communities catering to seniors over the next five years.

The mix of properties will include memory care facilities to support residents with dementia.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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