Prima Living has added nine seniors residences, encompassing nearly 690 units, to its portfolio through a $118-million deal with Chartwell Retirement Residences. Completion of the transaction gives a 58 per cent boost to Prima Living’s portfolio, which now numbers 1,187 suites across Canada.

The Vancouver-based company, which is a subsidiary Primacorp Ventures, invests in existing communities with the goal of increasing occupancy. The new additions significantly expand the company’s presence in the Ontario, after it initially entered the market in 2025 with three acquisitions in the Greater Toronto Area, in Pickering, Oakville and Toronto.

“Residents and families need communities they can trust, with high-quality care, strong day-to-day support and an enhanced resident experience,” says Najib Raie, president of Prima Living. “With integrated pharmacy and medical services within our communities and the operational infrastructure to support growth, we are building a proven platform designed to serve more seniors with confidence and care.”