Post-Acute & Senior Living: Chartwell Retirement agrees to sell ‘non-core’ senior portfolio for $136 million

MISSISSAUGA, Ontario – Chartwell Retirement Residences announced June 18 that it agreed sell four “non-core” senior living communities totaling 827 suites for $136.1 million. The assets are in Alabama, Michigan, Oklahoma and Tennessee, and the buyer is a joint venture between Focus Healthcare Partners and Garrison Street Partners.

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