From Vancouver to Bobcaygeon, Ottawa to Montreal, facilities catering to seniors have been battling surging infection rates since COVID-19’s devastating path began. Even robust protocols don't seen to be enough to stop the deadly spread.

SmartCentres Real Estate Investment Trust, the Penguin Group of Properties, and Revera Inc. recently announced that they are entering into a joint venture to develop new retirement living residences throughout Canada.

Chartwell Retirement Residences has entered into an agreement to acquire The Grenadier in the Bloor West Village area of Toronto.

Chartwell Retirement Residences (Chartwell), a company specializing in independent living, assisted living and long-term care residences, has announced plans to sell its U.S. business to joint venture partners HCP, Inc. and Brookdale Senior Living Inc. Subject to customary closing conditions, the U.S. division will be sold for $849-million U.S. in the third quarter of 2015.