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Chartwell to Acquire Wedgewood Retirement Resort in Brockville for $37.1 Million

Open-Ended Trust Slated to Close May 1st on 109-Unit Community
By Bryce Meyers
CoStar News
April 20, 2016 | 9:37 P.M.

Chartwell Retirement Residences (TSX: CSH.UN) entered into a definitive agreement to acquire the 109-suite Wedgewood Retirement Resort at 15 Market St. E in Brockville, Ontario for $37.1 million, or approximately $340,000 per unit.

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