Sienna Senior Living Inc T.SIA

Alternate Symbol(s): LWSCF

Healthcare

Sienna Senior Living Inc. is a Canada-based senior living provider. The Company offers a full range of senior living options, including independent living (IL), assisted living (AL) and memory care (MC) under its Aspira retirement brand, long-term care (LTC), and specialized programs and services. The Company owns and operates senior living residences in the Provinces of British Columbia, Saskatchewan and Ontario. The Company owns and operates a total of approximately 82 senior living residences: 40 retirement residences (RRs) (including the Company's 50% joint venture interest in 12 residences in Ontario and Saskatchewan); 34 LTC communities; and eight senior living residences providing both private-pay IL/AL and funded LTC (including the Company's joint ownership in two residences in British Columbia). The Company also provides management services to an additional 12 senior living residences in the Provinces of British Columbia, Ontario and Alberta.

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Sienna Senior Living Inc > Accumulating

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Comment by BlueJay2020on Dec 13, 2022 10:57am

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Post# 35168408

RE:RE:RE:RE:RE:Accumulating

Well, it would give them a dominant position in the publically traded retirement space in Canada, but nowhere near a monopoly in the total space. A lot of mom and pop establishments plus those bigger fish held privately.

I'm not sure they could manage the debt burden, to be honest. Deeper pockets might be needed.

AmorFatiforlife wrote: I think Chartwell might be in their sights for a future JV or acquisition. If they buy CSH that gives them a huge monopoly here in Canada. Chartwells numbers have been dwindling so I'm curious to see if they make a move for them.

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