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Atria Senior Living Group to manage Sterling Glen portfolio of senior living communities

Louisville, Ky. (Aug. 1, 2007) – Atria Senior Living Group (Atria) today announced that it has taken over management of 11 senior living communities recently acquired or leased by an affiliate of Lazard Senior Housing Partners, including the Sterling Glen portfolio. This transaction advances Atria’s commitment to focus its operations in prime markets that are close in proximity, enabling the company to ensure superior resident service and quality through diligent local management oversight and significant economies of scale.

The addition of this portfolio expands Atria’s presence in key markets across the eastern United States, including metro New York, Philadelphia, and Broward County, Florida. On Long Island, the acquisition solidly positions Atria as the market leader, with the company’s combined portfolio in Nassau and Suffolk counties reaching 11 communities.

Atria will employ Sterling Glen’s management team and will continue to operate the acquired communities under existing Sterling Glen policies. Atria and the Sterling Glen team are exploring opportunities to share best practices in resident service, quality assurance and employee satisfaction according to the companies’ shared high standards for excellence.

“We’re very excited to welcome Sterling Glen residents and staff to the Atria family,” said John Moore, CEO of Atria Senior Living Group. “Sterling Glen is an outstanding enterprise, and we are looking forward to working with the current management team to assure the continued, seamless delivery of quality service and care to Sterling Glen residents at each community.”

“Delivering a superior resident experience through painstaking attention to quality is the Atria hallmark,” Moore added. “Atria Senior Living Group is focused on continual evaluation of and improvement in all areas of resident services, from care to our unique Engage LifeSM programming, as well as building improvement and redevelopment. Sterling Glen shares our commitment to quality, and we’re looking forward to learning from their team and providing the best living experience for all of our residents.”

"We're happy to become a part of the Atria family, which has distinguished itself as a national industry leader," said Kevin Hunter, Sterling Glen's Chief Operating Officer. "Our employees will benefit from Atria Senior Living Group's extensive training programs, quality assurance and support services. We will continue to maintain the high level of service and our residents-first philosophy while we take full advantage of the expanded resources as part of the Atria organization."
Sterling Glen communities are located in prime neighborhoods throughout the New York metropolitan area, Philadelphia and Connecticut. They offer a continuum of care including independent, assisted and supportive senior living and memory care lifestyle options which provide seniors the opportunity to live with worry-free independence in a supportive and accommodating atmosphere.

To learn more about Atria Senior Living Group log on to www.atriaseniorliving.com.

About Atria
Atria Senior Living Group is headquartered in Louisville, Kentucky and offers residential services for more than 13,000 seniors in 27 states. Atria communities provide a lifestyle of independence and opportunity, where seniors receive the support they need to live life to the fullest. Many Atria communities also have specialized Life Guidance® neighborhoods for people with Alzheimer's disease or other forms of memory impairment. For more information, please visit www.atriaseniorliving.com.

Contact
Amy Risley, Atria Senior Living Group

amy.risley@atriaseniorliving.com


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© 2007 Atria Senior Living Group, Inc.