Prima Living acquires nine senior homes from Chartwell for C$118 million
Goodmans LLP advised Prima Living, a division of Primacorp Ventures Inc., in connection with its C$118 million acquisition of nine communities in Ontario from Chartwell Retirement Residences, adding 689 units and bringing its total portfolio to 1,187 suites across Canada.
The acquisition significantly expands Prima Living's presence in Ontario and strengthens its position as a growing operator in a market where new supply remains limited and many existing communities require renewal or reinvestment.
Prima Living is a leading Canadian senior living operator focused on inclusive, resident-centered care.
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