Sale of Silicon Valley seniors housing community completed
SAN DIEGO, Aug. 25, 2025– JLL Capital Markets announced today it has arranged the sale of Atria at Foster Square, a 155-unit, trophy-level seniors housing community in Foster City, California.
JLL’s Seniors Housing Capital Markets team represented the seller in the transaction. Artemis Real Estate Partners purchased the community in partnership with the existing operator, Atria Senior Living (“Atria”). Atria will continue to operate the community under its Atria Signature Collection brand.
The Class A asset was built by Atria in 2016 as part of a mixed-use master-plan town center development in the heart of Foster City. The community offers modern amenities, including a theatre, fitness center, activity and game rooms, library, outdoor courtyard, physical therapy space and multiple dining venues.
JLL’s Seniors Housing Capital Markets team representing the seller was led by Senior Managing Director Aaron Rosenzweig and Senior Director Dan Baker.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Artemis Real Estate Partners
Artemis Real Estate Partners, a Barings company is a real estate investment platform that has acquired over $17 billion gross purchase price of assets in more than 300 investments since its founding in 2009. Artemis is based in Washington, DC, and makes equity and debt investments across the U.S. in core, core plus, value add and opportunistic real estate. Artemis specializes in joint venture partnerships with established, diverse, and emerging operating partners and direct investments. To learn more, visit ArtemisREP.com.
About Atria
Atria, headquartered in Louisville, KY, is a leading manager of independent living, assisted living, supportive living and memory care communities in 35 states and seven Canadian provinces. Atria’s brands include Coterie, Atria Signature Collection, Atria Senior Living, Holiday by Atria, and Atria Retirement Canada. Atria creates vibrant communities where older adults can thrive and participate, know that their contributions are valued, and enjoy access to opportunities and support that help them keep making a positive difference in our world. For more information about Atria, visit AtriaSeniorLiving.com.