On August 20, 2014, Ventas, Inc. completed its all-cash acquisition of 29 Canadian seniors’ living communities from Holiday Retirement Corp. for $980 million.
Ventas is one of the largest healthcare REITs in the US and the acquisition significantly expands its presence in the Canadian market.
Osler, Hoskin & Harcourt LLP represented Ventas, Inc. with a team consisting of Chris Murray, Victoria Graham (Corporate), Heather McKean (Real Estate), David Davachi (Taxation), Ryan Nielsen, Sandy Yeung (Real Estate), Alex Gorka (Corporate), Patrick Welsh (Regulatory) and Michelle Lally (Competition).