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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Freeman Robert
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(Last) (First) (Middle)
Lazard Freres Real Estate Investors L.L.C.
30 Rockefeller Plaza, 63rd Floor
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(Street)
New York NY 10020
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
09/15/98
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Atria Communities, Inc. (ATRC)
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ X ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[ X ] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
Common Stock 9,135,802 I (1)
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</TABLE>
* If the form is filed by more than one reporting person, see Instruction
5(b)(v)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Page 1 of 2
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
(1) By Kapson Senior Quarters Corp. ("Kapson"). Robert P. Freeman is a
principal of Lazard Freres Real Estate Investors L.L.C., which is the general
partner of LF Strategic Realty Investors II, L.P., LFSRI II Alternative
Partnership L.P. and LFSRI II-CADIM Alternative Partnership L.P., the three
Managing Members of Prometheus Senior Quarters, LLC ("Prometheus").
Prometheus is the owner of a majority of the outstanding shares of common
stock of Prometheus SQ Holdings Corp. which is the owner of a majority of
the outstanding shares of common stock of Prometheus SQ Interim Corp.
("PSQI"). PSQI is the direct parent of Kapson. Mr. Freeman hereby disclaims
beneficial ownership of the shares of common stock of the Issuer held by
Kapson except to the extent of his pecuniary interest therein.
/s/ Robert P. Freeman 11/04/98
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB Number.
Page 2 of 2
SEC 1473 (7-96)
