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Sienna Senior Living Completes Acquisition Of 50% Ownership Interest In 11 Properties In Ontario And Saskatchewan

Sienna Senior Living Completes Acquisition Of 50% Ownership Interest In 11 Properties In Ontario And Saskatchewan

05/17/22, 5:03 PM
Industry
health care
Sienna Senior Living Inc. ("Sienna" or the "Company") (TSX:SIA) announced that it has finalized its previously announced acquisition of a 50% ownership interest in a portfolio of 11 seniors’ living assets in Ontario and Saskatchewan consisting of 1,048 high-quality, private-pay suites (the "Portfolio" or "Acquisition"). Sienna acquired the Portfolio in partnership with Sabra Health Care REIT, Inc. (“Sabra”), who is acquiring the other 50% interest, with Sienna as the manager of the Portfolio.

Company Info

Company
Sienna Senior Living
Company info
Sienna Senior Living Inc. (TSX:SIA) offers a full range of seniors' living options, including independent living and assisted living under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna's approximately 12,000 employees are passionate about helping residents live fully every day. For more information, please visit www.siennaliving.ca.