On November 18, 2024, Chartwell Master Care LP finalized the acquisition of a 50% stake in five senior residences in Quebec, representing a transaction of $178 million. These properties, which total more than 1500 housing units, are located in Lévis (Frédéric-Back Street and Route des Rivières), Quebec City (des Ibis Street), L’Ancienne-Lorette (Jules-Verne Avenue), and Shawinigan (de la Pointe Street).
The acquisition strengthens Chartwell’s presence in the Quebec senior housing market and diversifies its portfolio across different regions of the province. This strategic move aligns with the company’s growth objectives and commitment to providing quality housing options for seniors in Quebec.
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