Ventas and Le Groupe Maurice invest in Canadian senior housing assets
Ventas Inc, a healthcare real estate investment trust, has teamed up with Le Groupe Maurice, a Montreal-based builder and developer of retirement homes, to invest in a portfolio of apartment-like senior housing assets in Quebec. No financial terms were disclosed. The value of the portfolio is US$1.8 billion. Ventas' portfolio includes assets in the U.S., Canada and the UK. Ventas is headquartered in Chicago.
4 September 2019•3 mins read
