Chartwell Retirement Residences

Chartwell Retirement Residences on its $254-million acquisition of five premier retirement residences in Ontario and certain joint venture structuring relating to the transaction

Client

Chartwell Retirement Residences

Value

$254 million

Service

Commercial Real Estate

Date Closed

Industry

REITs

Lead Office

Toronto

 

On October 29, 2015, Chartwell announced that it entered into a definitive agreement to acquire five premier retirement residences located in Ontario for an aggregate purchase price of $254 million. The properties were acquired from five separate groups of vendors.

Osler, Hoskin & Harcourt LLP represented Chartwell Retirement Residences with a team consisting of Rod Davidge and Matthew Ritchie (Real Estate).