Mergers and Acquisitions

Ventas, Inc. in its $980-million acquisition of 29 independent living seniors housing communities

Ventas, Inc.
Key Contact
Christopher Murray

Partner, Corporate, Toronto

Team
Victoria Graham

Partner, Corporate, Toronto

Heather McKean

Partner, Real Estate, Toronto

Sandy Yeung

Associate, Real Estate, Toronto

David Davachi

Partner, Tax, Toronto

Alex Gorka

Partner, Corporate, Toronto

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Ryan Nielsen

Partner, Real Estate, Toronto

 

On August 20, 2014, Ventas, Inc. completed its all-cash acquisition of 29 Canadian seniors’ living communities from Holiday Retirement Corp. for $980 million.

Ventas is one of the largest healthcare REITs in the US and the acquisition significantly expands its presence in the Canadian market.

Osler, Hoskin & Harcourt LLP represented Ventas, Inc. with a team consisting of Chris Murray, Victoria Graham (Corporate), Heather McKean (Real Estate), David Davachi (Taxation), Ryan Nielsen, Sandy Yeung (Real Estate), Alex Gorka (Corporate), Patrick Welsh (Regulatory) and Michelle Lally (Competition).

Value
$980 million
Date Closed
August 20, 2014
Lead Office
Toronto
Key Contact
Christopher Murray

Partner, Corporate, Toronto

Team
Victoria Graham

Partner, Corporate, Toronto

Heather McKean

Partner, Real Estate, Toronto

Sandy Yeung

Associate, Real Estate, Toronto

David Davachi

Partner, Tax, Toronto

Alex Gorka

Partner, Corporate, Toronto

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Ryan Nielsen

Partner, Real Estate, Toronto