Earnings
June 25, 2022 - AGF.B
New! AGF Management Ltd. Q2-2022 Earnings, Price Target Update .....
June 24, 2022 - PLZ-UN
New! Plaza Retail REIT- Q1-2022 Earnings, Price Target Update .....
June 23, 2022 - BEI.UN
Boardwalk REIT - Q1-2022 Earnings, Price Target Update .....
June 22, 2022 - CAR.UN
CAPREIT - Q1-2022 Earnings, Price Target Update .....
June 19, 2022 - GRT.UN
Granite REIT - Q1-2022 Earnings, Price Target Update .....
June 17, 2022 - KBL
K-Bro Linen Inc. Q1-2022 Earnings, Price Target Update .....
June 16, 2022 - PBH
Premium Brands Holding Corp. Q1-2022Earnings, Price Target Update .....
June 15, 2022 - NWC
North West Company - Q1-2022 Earnings, Price Target Update .....
Recommendation Changes
GEI, ALA, CNQ, FTS, SMU.UN, more...

Chartwell Retirement Residences REIT- Q1-2022 Earnings, Price Target Update

This is only a sample of the article, please login to view the entire article

Chartwell Retirement Residences REIT (CSH.UN) owns and manages a portfolio of 190 seniors housing communities comprising 29,300 suites/beds. Prior to the pending sale of the Long Term Care segment, they had ownership interests in 179 facilities and provide management services to 11 other of which Batimo Ltd. owns 5 in Quebec. The pending sale of the Long Term Care segment includes 20 owned facilities and four managed properties. Chartwell primarily operates in the Independent supported living segment in Ontario and Quebec. Independent and independent supportive living residences comprise 90% of net operating income, long term care at 10% with 80% coming from Ontario and Quebec and the balance from Alberta and BC. As Dec-31-2021 assets totaled $3.4B compared to $3.5B at Dec-31-2020.

Acquisition, Development

Apr-2022: acquired three recently developed retirement residences in Ontario with 467 suites for $228M including a 132-suite condominium development at one location, currently in construction with completion planned for Jun-2024.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
June 25, 2022
New! Coverage Universe - Weekly Price Change: June 17-24, 2022
June 18, 2022
Coverage Universe - Weekly Price Change: June 10-17, 2022
June 10, 2022
Coverage Universe - Weekly Price Change: June 3-10, 2022
June 4, 2022
Coverage Universe - Weekly Price Change: May 27 - June 3, 2022
May 31, 2022
Dream Impact Trust - 5.75% Convertible Debenture New Issue
May 31, 2022
Premium Brands Holding Corp. 5.4% Convertible Debenture New Issue
May 29, 2022
Coverage Universe - Weekly Price Change: May 20-27, 2022
May 27, 2022
Coverage Universe - Weekly Price Change: May 20-27, 2022