On June 27, 2024, Chartwell Retirement Residences (Chartwell) announced the closing of its previously announced public offering of 28,290,000 trust units at a price of $12.20 per unit for total gross proceeds of approximately $345 million. The financing was completed on a bought deal basis through a syndicate of investment dealers led by TD Securities Inc., Scotiabank, and RBC Capital Markets. 

Osler, Hoskin & Harcourt LLP advised Chartwell with a team consisting of Rosalind Hunter, Jason Comerford, Wesley Cohen, and Jacqueline Kang (Corporate) and David Davachi and Emily Gilmour (Tax).

BLG acted for the syndicate of underwriters with a team led by Cameron A. MacDonald.