Chartwell Retirement Residences

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Chartwell Retirement Residences
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Chartwell Retirement Residences
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The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.

Tue, 01.04.2025       Chartwell Retirement
CA16141A1030

This news release constitutes a "designated news release" for the purposes of Chartwell Retirement Residences' prospectus supplement dated November 14, 2024 to its short form base shelf prospectus dated April 30, 2024.

MISSISSAUGA, ON, April 1, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced today that it has acquired the 345 suite (of which 36 are care units)  Résidence Le Florilège  in Quebec City ("Le Florilège"). Located in the Beauport neighbourhood of Quebec City and built in 2022, Le Florilège is on a major arterial road directly across from the Beauport Golf Club and near retail shopping and services. Le Florilège is 97% occupied. The purchase price of $112.9 million before working capital adjustments and closing costs is being financed with cash and a $77.6 million loan maturing in 6 months and carrying an interest rate of Canadian Overnight Repo Rate Average ("CORRA") + 1.95%.

Tue, 01.04.2025       Chartwell Retirement
CA16141A1030

MISSISSAUGA, ON, April 1, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) will issue its financial results for the three months ended March 31, 2025, on the afternoon of May 8, 2025.  A conference call and webcast will be hosted by Chartwell on Friday, May 9, 2025, at 10:00 AM ET to discuss these results.

The telephone numbers to participate in the conference call are:Local:  416-340-2217Toll Free: 1-800-806-5484Passcode:  5368824#Please dial in at least 15 minutes before the call commences to register your participation in the Q&A.  A slide presentation to accompany management's comments during the conference call will be available on the Investor Relations section of Chartwell's website.  To access the presentation, please visit https://investors.chartwell.com/press-market-information/presentations-conference-calls.

Mon, 17.03.2025       Chartwell Retirement
CA16141A1030

MISSISSAUGA, ON, March 17, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced today a cash distribution of $0.051 per Trust Unit. The cash distribution will be payable on April 15, 2025 to unitholders of record on March 31, 2025.

Unitholders can participate in Chartwell's Distribution Reinvestment Plan ("DRIP"). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Trust Units and will also receive bonus units equal to 3% of their monthly cash distributions. DRIP offers unitholders the opportunity to steadily increase their ownership in Chartwell without incurring any commission or brokerage fees. Complete details of the DRIP are available on Chartwell's website at https://investors.chartwell.com or from a unitholder's investment advisor.

Thu, 27.02.2025       Chartwell Retirement
CA16141A1030

MISSISSAUGA, ON, Feb. 27, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced today its results for the fourth quarter and year ended December 31, 2024.

HighlightsResident revenue increased by $38.5 million or 21.4% in Q4 2024 compared to Q4 2023.Net income was $3.5 million in Q4 2024 compared to net loss of $13.2 million in Q4 2023.Funds from operations ("FFO")(1) up 46.9% from Q4 2023.Same property adjusted net operating income ("NOI")(1) up 14.4% from Q4 2023.Same property adjusted operating margin(1) up 150 basis points ("bps") to 37.2% from Q4 2023.Weighted average same property occupancy up 510 bps to 90.1% from Q4 2023.
Tue, 18.02.2025       Chartwell Retirement
CA16141A1030

MISSISSAUGA, ON, Feb. 18, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced today a cash distribution of $0.051 per Trust Unit.  The cash distribution will be payable on March 17, 2025 to unitholders of record on February 28, 2025.

Unitholders can participate in Chartwell's Distribution Reinvestment Plan ("DRIP"). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Trust Units and will also receive bonus units equal to 3% of their monthly cash distributions. DRIP offers unitholders the opportunity to steadily increase their ownership in Chartwell without incurring any commission or brokerage fees. Complete details of the DRIP are available on Chartwell's website at https://investors.chartwell.com or from a unitholder's investment advisor.

Tue, 04.02.2025       Chartwell Retirement
CA16141A1030

This news release constitutes a "designated news release" for the purposes of Chartwell Retirement Residences' prospectus supplement dated November 14, 2024 to its short form base shelf prospectus dated April 30, 2024.

MISSISSAUGA, ON, Feb. 3, 2025 /CNW/ - Chartwell Retirement Residences (TSX: CSH.UN) ("Chartwell") announced the closing of its transaction with Welltower Inc. ("Welltower"). As part of the transaction, Chartwell conveyed its interests in 23 co-owned residences (4,633 suites) to Welltower with management of these and two other managed properties (314 suites) transferred to a third-party manager ("Cogir") in exchange for cash and Welltower's interests in 16 residences (3,511 suites), all on terms consistent with those previously disclosed. Chartwell and Cogir worked collaboratively over an extended period of time to effect a smooth transition for the residents and employees of the 25 residences for which Cogir assumed management responsibilities.

Fri, 17.01.2025       Chartwell Retirement
CA16141A1030

MISSISSAUGA, ON, Jan. 17, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) will issue its financial results for the three months and year ended December 31, 2024, on the afternoon of February 27, 2025. A conference call and webcast will be hosted by Chartwell on Friday, February 28, 2025, at 10:00 AM ET to discuss these results.

The telephone numbers to participate in the conference call are:Local: 416-340-2217Toll Free: 1-800-806-5484Passcode: 5540514#Please dial in at least 15 minutes before the call commences to register your participation in the Q&A. A slide presentation to accompany management's comments during the conference call will be available on the Investor Relations section of Chartwell's website. To access the presentation, please visit https://investors.chartwell.com/press-market-information/presentations-conference-calls.

Wed, 15.01.2025       Chartwell Retirement
CA16141A1030

MISSISSAUGA, ON, Jan. 15, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced today a cash distribution of $0.051 per Trust Unit. The cash distribution will be payable on February 18, 2025 to unitholders of record on January 31, 2025.

Unitholders can participate in Chartwell's Distribution Reinvestment Plan ("DRIP"). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Trust Units and will also receive bonus units equal to 3% of their monthly cash distributions. DRIP offers unitholders the opportunity to steadily increase their ownership in Chartwell without incurring any commission or brokerage fees. Complete details of the DRIP are available on Chartwell's website at https://investors.chartwell.com or from a unitholder's investment advisor.

Mon, 06.01.2025       Chartwell Retirement
CA16141A1030

MISSISSAUGA, ON, January 6, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announces the appointment of Alka Gautam, CPA,CA, ICD.D to the Board of Directors.

Ms. Gautam brings to Chartwell expertise in leadership, operations, finance and risk management at the C-suite level of a Fortune 500 company, having spent over 20 years with Reinsurance Group of America ("RGA"), most recently as the Executive Vice President Global Operations, RGA and President and Chief Executive Officer of RGA Canada. Previously she held positions of Chief Financial and Chief Risk Officer of RGA Canada. She retired from RGA in 2023 and currently serves on the Board of Directors of iA Financial Corporation (TSX:IAG). Ms. Gautam is a qualified financial expert and holds CPA, CA Canada and ICD.D designations.

Mon, 16.12.2024       Chartwell Retirement
CA16141A1030

MISSISSAUGA, ON, Dec. 16, 2024 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced today a cash distribution of $0.051 per Trust Unit. The cash distribution will be payable on January 15, 2025 to unitholders of record on December 31, 2024.

Unitholders can participate in Chartwell's Distribution Reinvestment Plan ("DRIP"). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Trust Units and will also receive bonus units equal to 3% of their monthly cash distributions. DRIP offers unitholders the opportunity to steadily increase their ownership in Chartwell without incurring any commission or brokerage fees. Complete details of the DRIP are available on Chartwell's website at https://investors.chartwell.com or from a unitholder's investment advisor.

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