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 > This will pop back up

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Comment by flamingogoldon Sep 12, 2023 6:58pm

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Post# 35632722

RE:RE:This will pop back up

Rates should slowly start to retrace next year but they are never going back to 2% that is for sure.

Mirko22 wrote:
People are realizing that interest wlll come down but not rapidly.If e%conomy cools off , REITS (sia) will have to pay much higher for loans. It will take few years for interest to come down to 2 %. This is not space to be during high interest rates.

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