Chartwell Retirement Residences acquired 85% in Chartwell Le Prescott in Vaudreuil, Quebec from Batimo Inc. for CAD 80.2 million on December 20, 2023. Of the total purchase price, CAD 1.7 million will be held in escrow for other contingent liabilities. CAD 41.8 million was partially settled through the assumption of mortgage bearing interest at the rate of 8.5% maturing on December 1, 2024.

Chartwell Retirement Residences completed the acquisition of 85% in Chartwell Le Prescott in Vaudreuil, Quebec from Batimo Inc. on May 3, 2024.