senior living REIT stock expands in hot BC market By Investing.com
Chartwell Senior Housing (NASDAQ:) Investment Trust (CSH) is making significant strides in the Canadian senior living sector, focusing its efforts on strategic acquisitions in British Columbia (BC). As Canada’s population continues to grow and age, CSH is positioning itself to capitalize on the increasing demand for senior housing facilities. This analysis examines CSH’s recent moves, market performance, and the broader trends shaping the Canadian real estate investment trust (REIT) landscape.
Recent Acquisitions and Expansion
CSH has recently agreed to acquire three properties in British Columbia for an aggregate investment of $227 million, translating to $591,000 per suite. This expansion includes Vista Retirement Residence,…
