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Chartwell Retirement to sell U.S. business, focus on Canadian holdings

2015-03-17 17:40:22| Real Estate - Topix.net

Chartwell Retirement Residences has a deal to sell its entire U.S. portfolio of seniors-oriented properties through a series of transactions for US$849 million. The Toronto-area company expects to net about C$410 million cash, after repaying mortgage debt, tax and transaction costs.

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Category:Real Estate

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