HCP and Atria Senior Living Announce Agreement to Transition Management of 24 Senior Housing Communities to Atria
"We are pleased to meaningfully grow our relationship with Atria," said
"We are excited to partner with HCP and grow our relationship with such a high-quality, long-term owner," said Atria Senior Living Chairman and CEO
The transitions will begin in
About HCP
About Atria Senior Living
Atria Senior Living is a leading operator of independent living, assisted living, supportive living and memory care communities in over 200 locations in 27 states and seven Canadian provinces. They are the residence of choice for more than 21,000 seniors, and the workplace of choice for nearly 14,500 employees. For more information about Atria, visit AtriaSeniorLiving.com.
Forward-Looking Statements
Statements in this release that are not historical factual statements are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, among other things, statements regarding HCP's transition of senior housing communities to Atria. All forward-looking statements are made as of the date hereof, are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, assumptions and other factors — many of which are out of HCP's and Atria's control and difficult to forecast — that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the ability to complete the transitions, or any of them, on the anticipated timeframe or at all, including in respect of the risk that any regulatory or other approvals required for the transitions are not obtained or are subject to unanticipated conditions. You should not to place undue reliance on any forward-looking statements. Neither HCP not Atria assume any, and hereby disclaim any, obligation to update any forward-looking statements as a result of new information or new or future developments, except as otherwise required by law.
Contacts
HCP
(949) 407-0400
Atria Senior Living
(502) 779-7718
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