Chartwell Retirement Residences

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Chartwell Retirement Residences
Traded asTSXCSH.UN
IndustryReal Estate/Health Care
Mississauga, Ontario
Number of employees

Chartwell Retirement Residences is the largest participant in the Canadian seniors housing sector, with 181 locations and 25 172 units (March 31, 2018) across Quebec, Ontario, Alberta, and British Columbia.[1] Chartwell offers independent living (IL), independent supported living (ISL), assisted living (AL), memory care (MC), and long-term care (LTC) across Canada.[2] In 2017, the company's sales were CAD $796.34 million, with a net income of CAD $13.08 million.[3] As of June 25, 2018, Chartwell's market capitalization is CAD $3.23 billion having more than CAD $3,01 billion of assets.[4] In 2018, the value of the enterprise is approximately CAD $5 billion.[5]


The company was founded in 2003 through the merger of JBG Management Inc., Alert Care Corporation, and Chartwell Care Corporation forming the new entity Chartwell Seniors Housing Real Estate Investment Trust. The company was rebranded as Chartwell Retirement Residences in 2012.

Leadership Team[edit]

Chartwell's Senior Executive Committee is made up of five individuals:[6] Brent Binions is the President and Chief Executive Officer,[7] Vlad Volodarski is the Chief Financial Officer and Chief Investment Officer[8] at Chartwell, Karen Sullivan is the Chief Operating Officer,[9] Jonathan Boulakia is the Chief Legal Officer[10] and Sheri Chateauvert is the Chief Administrative Officer.[11]