Chartwell Purchases 6 Retirement and Seniors’ Communities for $432 Million

Chartwell purchases 6 retirement and seniors’ communities for $432 million

Several senior and retirement communities will be purchased by a major housing provider as it expand its footprint across Ontario for nearly half a billion dollars.

Helping seniors to navigate investing and spending in retirement is a must

Retail investors here have come a long way from decades ago when fund launches were regarded as initial public offerings of stocks. This misconception was common in the early days of unit trusts. Today, many investors have become familiar with the factors that make for successful retirement investing: starting early; reducing expenses; investing regularly into a core portfolio; and, of course, keeping a long horizon.

Chartwell Grows Ontario Presence with the Acquisition of Six Retirement Communities

/CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) today announced a strategic acquisition to expand its footprint in southwestern Ontario and...