Owner and operator Inspirit Senior Living (McLean, Va.) and investment and asset management firm Venue Capital (New York) announced a joint venture to acquire two communities in Tennessee.

Rain Forest Landings in Knoxville, Tenn., is situated on 10 acres and includes assisted living and memory care. Amenities include a grand dining room and walking paths.

Emory Ridge is a 40-unit memory care community in Powell, Tenn., that features secure courtyards, activity rooms, community patios, and common areas.