Projects/Case Studies

Long Term / Retirement Home

Industrial developement

Lemonwood

Spectrum O/A Chartwell REIT - www.charwellreit.ca

Builder: The Rockport Group
Location: Toronto
Project Size: 206 Units
Project Duration: 21 Months
Project Cost: $42,000,000

Chartwell has brought together three of Canada’s most respected names in seniors housing, combining to form a well-capitalized owner and manager of a full spectrum of seniors housing facilities across Canada and in select U.S. markets.

Chartwell Care Corporation was Canada’s largest third-party manager of seniors housing facilities. Founded in 1999, it had grown to over 40 facilities under management or development representing more than $500 million in assets. Alert Care Corporation owned and operated over 30 facilities with additional facilities under development. Alert pioneered the light care retirement home concept, and has been a leader in introducing a number of innovations to the industry since 1985. The Binions Companies, founded in 1978, have extensive experience owning and managing long-term care facilities, and have grown to become the leading authority on long-term care in the country.

Chartwell REIT has brought these three successful companies together to form Canada’s largest industry participant. With an experienced management team and staff proven in all aspects of owning and operating seniors residential facilities, and a diversified portfolio of high-quality residences spanning the country and in select U.S. markets, we are well-prepared to meet your every need.

Source: www.charwellreit.ca

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