On July 22, 2024, Chartwell closed its acquisition from an undisclosed seller of a 100 percent interest in a second portfolio of 5 high-quality, modern retirement residences with 1,428 suites in the Greater Montreal Area, Gatineau, and Sherbrooke for $297 million.

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.

Davies acted for the undisclosed seller with a team led by David Reiner and including Katrina Brazzell.