Chartwell Retirement Residences has agreed to sell its ownership in 16 long-term care facilities with 2,418 beds in Ontario and its management arm in a deal valued at $446.5 million.
Chartwell Retirement To Sell Long-Term Care Facilities As It Reduces Exposure to Sector
Calgary-Based AgeCare Health and Axium Infrastructure Are Buyers of REIT's Properties
By Garry Marr
CoStar News
April 6, 2022 | 11:47 P.M.
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IN THIS ARTICLE
- Properties
- Chartwell Trilogy Long Term Care
340 Mccowan Rd, Toronto, ON
- Companies
- Chartwell Retirement Residences
Real Estate
- AgeCare
Health Care and Social Assistance