Chartwell Retirement Residences T.CSH.UN

Alternate Symbol(s): CWSRF

Healthcare

Chartwell Retirement Residences is a Canada-based open-ended real estate trust. The Company is engaged in the business of serving and caring for Canada’s seniors. The Company owns and operates a range of seniors housing residences, from independent supportive living through assisted living to long term care. The Company operates through the Retirement Operations segment. It provides resident services and care in settings, such as independent living apartments (IL), independent supportive living-apartments (ISLA), independent supportive living-suites (ISLS), assisted living (AL), and long term care (LTC), among others. The Company’s portfolio groupings are the same property; acquisitions and development; and dispositions and repositioning. Its Retirement Operations property portfolio includes Western Canada, Ontario, Quebec, and others. The Company serves over 25,000 residents in four provinces across the country.

TSX:CSH.UN - Post by User

Chartwell Retirement Residences > Surprised!!!

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Comment by prestedon Oct 27, 2021 3:55pm

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RE:RE:RE:RE:RE:Surprised!!!

It is safe to say that no one is getting any younger, but they are living longer. Improvements in 'self-care' have made it easier for people to live in their own homes but let's face it, no one wants to take in the surviving parent when one dies. And the oldies know this. So, selling the house and moving into an up market rteirement fascility makes sense. Heck, there may even be enough left over to leave something for the kids who weren't prepared to give you a home, as they would have done 30 years ago. That's the way a lot of retired people are looking at it. So, retirement homes are here to stay and Chartwell and a couple of others are top of the list. No worries here, but a good entry/add on time IMO.

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