Transaction|March 28, 2018
Sienna Senior Living completes acquisition of ten high-quality retirement residences in Ontario
Torys acted as counsel to the real estate development and seniors housing operating company with a team that included Simon Knowling, Graham Rawlinson, Nooreen Bhanji, Richard Missaghie (real estate/corporate), Molly Reynolds (privacy), Omar Wakil (competition), Kevin Tuohy (IP) and Mitch Frazer and Tom Stevenson (employment).
On March 28, 2018, a private real estate development and seniors housing operating company completed a previously announced sale of ten high-quality private-pay independent supportive living and assisted living retirement residences in Ontario to Sienna Senior Living Inc. for an aggregate sale price of approximately C$382 million.
The properties consist of 1,245 private-pay suites located in the Greater Toronto and Greater Ottawa areas.
Further information can be found on Globe Newswire's website.