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Metro Vancouver

Chartwell buying $382.5M stake in Fengate seniors housing portfolio

RENX Staff Residential Seniors Housing National 17 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.

Concert's new CEO sees herself as development outsider, with eye on growth

Evan Duggan Residential CEOs Metro Vancouver 2 days ago

Catherine Roome believes all organizations require transformation. "There's this interesting saying right now that the rate of change in an organization has to match the rate of change outside," the recently appointed CEO and president of Concert Properties said. 

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