Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated, open-ended real estate trust and Canada's largest operator of seniors' housing. Headquartered in Mississauga, Ontario, the company's core business involves the ownership, operation, and management of a comprehensive range of retirement and long-term care homes across the country. Chartwell's vision, "Making People's Lives BETTER," underscores its commitment to providing a vibrant and secure lifestyle that enhances the lives of older adults through meaningful connections and inspiring experiences.

The company offers a full spectrum of senior living options, including independent living, independent supportive living, assisted living, memory care, and long-term care. Chartwell serves over 25,000 residents in more than 160 owned and managed residences across four Canadian provinces: Quebec, Ontario, Alberta, and British Columbia. Services typically include dining, housekeeping, life enrichment programs, and personalized care options tailored to residents' evolving needs.

Led by CEO Vlad Volodarski, Chartwell has actively pursued growth and portfolio optimization strategies. Recent activities include the acquisition of a portfolio of six southern Ontario properties for $432 million in July 2025 and the acquisition of Palermo Village Retirement Residence for $43 million in April 2026. The company is well-positioned to capitalize on Canada's demographic trends, with occupancy rates showing recovery post-COVID-19, and continues to expand its footprint in the seniors' housing market.