Chartwell Retirement Residences

Chartwell Retirement Residences

Chartwell Retirement Residences

Overview
Date Founded

2003

Headquarters

100 Milverton Drive, Suite 700, Mississauga, ON, L5R 4H1, CAN

Type of Company

Public

Employees (Worldwide)

13.5K

Industries

Real Estate
Real Estate Investment Trusts

Company Description

Chartwell Retirement Residences is a real estate investment trust that engages in the ownership and operation of a range of seniors housing communities from independent supportive living through assisted living to long term care. It is also one of the participants in the seniors housing business in North America. The company was founded on July 7, 2003 and is headquartered in Mississauga, Canada.

In The News
News Bites Canadian Markets
February 16, 2018
Chartwell Retirement Residences announces dividend
News Bites Canadian Markets
January 26, 2018
Unchanged stocks
News Bites Canadian Markets
January 22, 2018
Bearish Signals: Falls on high volatility
News Bites Canadian Markets
January 16, 2018
Chartwell Retirement Residences announces dividend
Subscribe now to see full news coverage
Executives & Employees

President & Chief Executive Officer

Chief Financial Officer & Chief Investment Officer

Chief Operating Officer

Secretary & Chief Legal Officer

Chief Administrative Officer

Director

Vice President-Real Estate Finance

Vice President-Communications & Public Affairs

Subscribe now to see full list of current and former executives
Board of Directors

Senior Business Advisor at Fasken Martineau DuMoulin LLP

President & Chief Executive Officer at Chartwell Retirement Residences

Chief Executive Officer at SmartCentres Real Estate Investment Trust

Director at Chartwell Retirement Residences

Founding Partner at Butterfield & Robinson Management Services, Inc.

Consultant at SECOR, Inc. (Canada)

Former Partner at Ryegate Capital Corp.

Executive Director-Real Estate & Infrastructure at York University - Schulich School of Business

Subscribe now to see full list of current and former board members
Paths to Chartwell Retirement Residences
Potential Connections via
Relationship Science
You
Chartwell Retirement Residences
Owners & Shareholders
Details Hidden

Lincluden Investment Management (LIM) employs traditional, value-based investment principles across a range of equity, fixed-income and balanced portfolios. The firm offers a clearly defined investment philosophy and approach to portfolio construction in the following areas: equities, fixed-income, balanced and value.For their equity investments, LIM screens a broad universe of Canadian, US and international stocks in the search for undervalued securities. Investment decisions are based on a thorough financial assessment of corporations and their management teams to identify securities that are trading at a substantial discount to LIM's appraisal of their fair value. Their focus on cash flow in determining a company's valuation is based on the belief that free cash flow is the best currency to enable a company to grow.LIM's fixed-income portfolios are structured to achieve the most efficient combination of duration, credit, yield curve and foreign exposure from a long-term, risk-reward perspective. The firm's investment process begins with an economic overview, which allows them to develop a view on inflation. Based on their view of value and risk, they then determine the appropriate portfolio duration which reflects their long-term view of inflationary trends relative to the current level of interest rates and shape of the yield curve. LIM believes that real interest rates should be calculated using long-term inflationary expectations instead of the current rate of inflation. In searching for the best value opportunities in fixed-income markets, the firm considers both domestic and foreign securities. When they find better value opportunities in foreign markets, their preference is to eliminate foreign exchange risk through the use of hedging.The firm's balanced approach seeks to create long-term wealth with a value-based, risk-managed approach that is based on disciplined asset allocation and security selection. LIM's valuation and portfolio structuring process incorporates a 'top-down' approach to determine asset mix, and a 'bottom-up' process to individual security selection.

Details Hidden

Middlefield Capital Corp. focuses on the underwriting and selling of securities including common shares, preferred shares, partnership units and debt instruments.

Details Hidden

Connor, Clark & Lunn Private Capital's (CCL) Canadian Core Equities portfolio is comprised of publicly-traded Canadian stocks. The firm looks for companies with strong balance sheets, predictable growth and reasonable prices using a GARP style. The portfolio typically holds 30 to 40 stocks.Their Canadian Value Equities portfolio consists of Canadian stocks selected with a value style. They focus on companies with attractive prices in relation to their fundamental earnings outlook. Stocks are selected if their underlying value is not yet reflected in the stock's price. The portfolio typically holds 25 to 30 stocks.For their Canadian Small-Cap portfolio, CCL utilizes a growth investment style. The portfolio typically holds 50 to 75 stocks.CCL's Global Small-Cap Equities portfolio invests in non-Canadian small-cap companies that are selected using a core investment style. The portfolio typically holds between 40 and 60 stocks.The firm's International Equities portfolio is a concentrated portfolio of securities from the developed stocks markets outside North America. They employ a growth approach to identify companies that are attractively priced and are expected to deliver increased cash earnings. The portfolio typically holds up to 50 stocks.For US Equities, CCL builds a concentrated portfolio of large-cap US stocks. They use a value approach to identify companies that are attractively priced and are expected deliver increased cash earnings. The portfolio typically contains up to 50 stocks.CCL selects corporate and government bonds to maximize long-term return while protecting capital in times of rising interest rates. Their fixed-income investment process also incorporates active credit analysis of corporate bonds and allows for up to 100% commitment to the corporate bond market depending on market conditions.The firm's Canadian or US Money Market portfolio is a portfolio of high-quality short-term debt securities that seeks to provide safety of principal and liquidity. The term of the securities is less than 1 year and varies based on CCL's view of the interest rate environment. High-quality corporate issues are also included when priced attractively. Both strategies are employed to increase current yield while maintaining a focus on quality and liquidity.CCL's Short-Term Bond portfolio is a diversified portfolio of high-quality short-term fixed-income securities that seeks to maximize short-term return while protecting capital in times of rising interest rates. The investment process also incorporates active credit analysis of corporate bonds and allows for up to 100% commitment to the corporate bond market depending on market conditions.

Subscribe now to see full details
Recent Transactions
Details Hidden

Chartwell Retirement Residences issued Trust Units

Details Hidden

Chartwell Retirement Residences purchases Lakeshore Place Retirement Residence

Details Hidden

Chartwell Retirement Residences purchases Stillwater Creek Retirement Community

Subscribe now to see full list of recent transations
Transaction Advisors
Accountant

Advised onChartwell Retirement Residences purchases Castel Royale

Lead Manager

Advised onChartwell Retirement Residences issued Trust Units

Auditor

Advised onChartwell Retirement Residences issued Trust Units

Subscribe now to see 20+ more transaction advisors
Legal Advisor

Advised onHCP, Inc., Brookdale Senior Living, Inc. purchase CSH Master Care USA, Inc. from Chartwell Retirement Residences

Subscribe now to see transaction advisors for over 2.5 million organizations
Advisors & Consultants
Subscribe now to see advisors & consultants for over 2.5 million organizations
Legal Advisor

Partner at Skadden, Arps, Slate, Meagher & Flom LLP

Legal Advisor

Partner at Borden Ladner Gervais LLP

Legal Advisor

Partner at Borden Ladner Gervais LLP

Subscribe now to see advisors & consultants for over 2.5 million organizations
Key Stats and Financials As of 2016
Market Capitalization
$3.14B
Total Enterprise Value
$4.59B
Earnings Per Share
$0.03
Revenue
$758M
Net Profit
$4.8M
EBITDA
$212M
EBITDAMargin
27.9%
Total Debt
$1.81B
Total Equity
$837M
Enterprise Value Sales
6.05x
Enterprise Value EBITDAOperating
21.7x
TEVNet Income
957.22x
Debt TEV
0.4x
Three Year Compounded Annual Growth Rate Of Revenue
-4.06%
Five Year Compounded Annual Growth Rate Of Revenue
-0.03%
Subscribe now to see full financial details