Chartwell acquires four Edmonton retirement communities in $297.9 million transaction

April 24, 2018

On April 24, 2018, Chartwell Retirement Residences (TSX: CSH.UN) announced that it had closed the previously-announced acquisition of four retirement communities in the Greater Edmonton Area, Alberta for a purchase price of $297.9 million.

Miller Thomson advised one of the vendors in this transaction with a team that was led by David McCalla, Q.C. (corporate/M&A) and that included Wendi Crowe and Emily McClintock (tax) and Mark Siry (corporate/real estate), assisted by law clerks Cathy Cauti and Kerra Jay.