On November 18, 2024, Chartwell closed its acquisition of a 50 percent interest in a portfolio of five modern retirement residences with 1,805 suites located in the Québec City area and Shawinigan for $214 million from Champlain Real Estate Fund.

Chartwell was represented by Jonathan Boulakia, its CIO and CLO, Pamela Leiper, its Vice-President and General Counsel and by a team at Osler Hoskin & Harcourt LLP led by Stefan Fews and including Caroline Stephens and Vincent Brais.

Cain Lamarre acted as legal counsel to Champlain. Its team was led by Marc-Alexandre Poirier and included Jordan Guido, Catherine Dion, Jean-Felix Teasdale and Zeina Abou-Chacra.