A chain of Canadian senior living facilities will soon get a taste of Chicago. Ventas has announced it has a deal in place to acquire 85 percent of Le Groupe Maurice, a Quebec-based senior living developer, Globe St. reports. Chicago-based Ventas will pay $1.8 billion for the equity stake, and will take ownership of 31 senior housing facilities and four in-progress developments. Le Groupe Maurice will continue to manage the properties and further develop senior […]
source https://therealdeal.com/national/2019/06/09/ventas-acquires-canadian-senior-living-developer-in-1-8b-deal/#new_tab
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