Edition:
India

Chartwell Acquires A New Residence In Quebec


Tuesday, 3 Mar 2020 

March 3 (Reuters) - Chartwell Retirement Residences ::CHARTWELL ACQUIRES A NEW RESIDENCE IN QUEBEC.CHARTWELL RETIREMENT RESIDENCES - PURCHASE PRICE FOR CHARTWELL'S 42.5% INTEREST WAS $37.9 MILLION.CHARTWELL RETIREMENT RESIDENCES - PURCHASE PRICE FOR CO'S 42.5% INTEREST WAS SETTLED BY ASSUMPTION OF $23.9 MILLION EXISTING MORTGAG, AMONG OTHER THINGS.CHARTWELL RETIREMENT RESIDENCES - PURCHASE PRICE FOR CO'S 42.5% INTEREST WAS SETTLED BY CO'S MEZZANINE LOAN OF $3.6 MILLION, WITH BALANCE PAID IN CASH.