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California  + Bay Area  + Senior Housing  | 

Related, Atria, Welltower JV Buys former KRON HQ, Plans Sr. Living Conversion

Related Companies and Atria Senior Living, in partnership with Welltower, acquired the vacant 260,000-square-foot former home of KRON-TV from Oryx Partners in San Francisco. The San Francisco Planning Commission unanimously approved plans to convert the 13-story building at 1001 Van Ness into one of the city’s first modern senior living communities built in well over a decade.

Related Companies’ Bryan Cho says, “There continues to be a severe shortage of urban senior-housing options throughout the country,” noting they expect to break ground in late 2019 with plans to complete the project by the end of 2021.

The site is just one block from the new Sutter California Pacific Van Ness Medical Center, and along the Van Ness Bus Rapid Transit (BRT) line now under construction. Welltower is the long-term capital partner for the JV. Atria, a leading provider of high-quality senior living, will manage the community.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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