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Category: Residential

Chartwell buying $382.5M stake in Fengate seniors housing portfolio

RENX Staff Residential Seniors Housing National 23 hours ago

Chartwell Retirement Residences intends to invest $382.5 million to acquire a 30 per cent ownership stake in a $1.3 billion portfolio of 23 Canadian seniors residences currently owned by Fengate Asset Management on behalf of the LiUNA Pension Fund of Central and Eastern Canada.

RioCan selling $379M of multifamily portfolio, including FourFifty The Well

Don Wilcox Residential Apartments Toronto / GTA 1 day ago

RioCan REIT (REI-UN-T) has unveiled firm agreements to divest $379 million of its RioCan Living multifamily portfolio in the coming weeks, including its 50 per cent stake in the flagship FourFifty The Well apartment tower in downtown Toronto.

 

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