Chartwell Completes Acquisition of Remaining Joint Venture Interests in Its Quebec Property Manager and Properties

October 30, 2008 Filed Under: Real Estate

Chartwell Seniors Housing Real Estate Investment Trust and Groupe Melior announced today that Chartwell has completed the acquisition of the remaining 50% interest owned by Residences Melior (an affiliate of Groupe Melior) in seven retirement properties in the Province of Quebec, as well as Melior’s 50% interest in the joint venture property management company managing all of Chartwell’s senior housing communities in Quebec. Under the...