WebMar 31, 2024 · Earlier Thursday, Chartwell CEO Vlad Volodarski said the sale of 16 long-term care homes was part of the company's plan to focus on its growing retirement business. Under the deal, the buyers will acquire the long-term care homes with 2,418 beds. AgeCare will assume management of the homes as well as an additional six … WebMar 31, 2024 · Share Chartwell Retirement Residences has signed a deal to sell 16 Ontario long-term care homes as well as its management platform and another home under development to AgeCare Health...
Chartwell Retirement Residences signs deal to sell Ontario long …
WebAug 12, 2024 · The purchase price for the two LTC homes before transaction costs and customary adjustments is $112 million. The Purchasers will assume or repay the existing property-specific debt, with an estimated balance at December 31, 2024 of $41.9 million, bearing a weighted average interest rate of 3.25%. WebApr 1, 2024 · One day after announcing the pending sale of most of its Ontario long-term care residences, Chartwell Retirement Residences (CSH-UN-T) says it has a deal to … the grange and colton medical centre
Chartwell Enters into Agreements to sell its Interests in
WebAug 12, 2024 · Chartwell Retirement Residences ("Chartwell") (TSX:CSH.UN) announced today that it entered into agreements to transition, subject to required approvals, its ownership of two Long Term Care ("LTC") homes in British Columbia with 264 beds to AgeCare Health Services Inc. ("AgeCare") and Axium Infrastructure Inc. and its affiliates … Web2 Investor alert: Chartwell and the risks in long-term care INVESTOR ALERT: CHARTWELL AND THE RISKS IN LONG-TERM CARE THE RISKS IN THE LONG-TERM CARE SECTOR The long-term care sector has long been plagued with serious “social” ESG issues including intersect-ing issues of quality of care, working conditions, and … WebAug 12, 2024 · MISSISSAUGA, ON , Aug. 12, 2024 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX:CSH.UN) announced today that it entered into … theatre shows edinburgh december