Chartwell Retirement Residences (TSX:CHS.UN)Real Estate
Chartwell Retirement Residences invest in Canadian real estate market and is a real estate investment trust.
The company indirectly owns and operates residencies, including independent supportive living, assisted living, long-term care and independent living facilities across Canada.
It is a provider of senior housing facilities in Canada with over 200 retirement communities and several properties under development.
Various suite and residence types include Retirement suites, apartments, townhome, cottage or bungalows. The residence facilities are either single-room, double-room or retirement communities. Chartwell Retirement Residences claims that the accommodations are fully equipped and well-furnished, consisting of:
• outdoor parking
• spacious rooms
• activity room
• private driveways
• laundry facilities
• walking paths
Chartwell Retirement Residencies claims to provide senior citizens with comfortable and affordable housing services.
The investment trust claims that it has provided home solutions to over 130 seniors since 2015. Chartwell Retirement Residences says it focuses on providing quality amenities for retirement years of an individual.
The company also reportedly focuses on health and well being of the fellow residents and provides various wellness and support services, including:
• 24-hour security
• medical help
• exercise and recreational facilities
• personal assistance in daily routine
• Escort to activities and meals
• tracking health parameters like weight and blood pressure
Chartwell Retirement Residences claims to offer a living situation that supports desires and needs of aging people. The Canadian investment trust says it ensures the senior individuals can lead a healthy and happy life and are empowered to make independent decisions.
Chartwell Retirement Residences also provides community and private dining rooms for residents. The menu ranges from casual everyday food items to themed cuisines like Alberta beef, Quebec cheese or farm-fresh Ontario eggs, the company claims. In addition, the diverse ingredients are locally sourced. The amenities require no grocery shopping, preparing food or cleaning the dishes, the Canadian investment trust claims. It also provides opportunities for community engagement.
The Canadian investment trust also provides value-added personal care services like:
• Beauty services
• Barber services
7070 Derrycrest Drive Mississauga, Ontario L5W 0G5 Canada