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In late 2012, Ventas and members of Atria's senior executive team acquired the 85% of Atria owned by the LFREI funds, resulting in Atria being owned 66% by the Atria senior executive team and 34% by Ventas. [12] In 2014, Atria moved its Louisville, Kentucky headquarters to downtown Louisville and expanded its space again in 2017. [13]
Residents of the Mt. Lebanon Senior Apartments have formed a tenants union to protest the living conditions at the facility in Louisville, Ky. on Aug. 1, 2024.
Thus, the decision was made to construct a larger orphan's home than the original in Louisville, to the present-day location in Louisville/St. Matthews on Frankfort Avenue, at the cost of $9,400,000. Construction began in 1925 on the 176-acre (0.71 km 2) location, and the residents moved to it on August 15, 1927.
Like many older American cities, Louisville has well-defined neighborhoods, many with well over a century of history as a neighborhood. The oldest neighborhoods are the riverside areas of Downtown and Portland (initially a separate settlement), representing the early role of the river as the most important form of commerce and transportation.
Some notable tall buildings outside of the downtown area are 1400 Willow Avenue, a 21-story condominium complex near Cherokee Park completed in 1980; Baptist Towers, a 17-story retirement living community in Old Louisville; and the suburban office buildings Wright Tower (15 stories, completed in 1966), Watterson Towers (16 stories, completed in ...
While new retirement communities have developed in various areas of the United States, they are largely marketed to older adults who are financially secure. Lower income retirement communities are rare except for government subsidized housing, which neglects a large proportion of older adults who have fewer financial resources. [11]
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