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WHY INVEST IN THE SENIORS HOUSING MARKET

EXPERIENCED OVERSIGHT BY INDUSTRY EXPERTS

Chancery works with trusted partners who have many years of industry experience. Steve Suske is an expert in the seniors housing industry and runs Suske Capital along with four second-generation Suskes (Steve’s daughter, son, son-in-law and daughter-in-law).

Working alongside the Suske family are companies who have worked with members of the Chancery team for many years. These companies include Points West Living, MTCO Holdings Inc., Hillsport Developments Inc., Avenir Senior Living and Greywave Consulting.

Chancery partners with these companies as we trust their commitment to developing seniors housing that will contribute to the quality of life for seniors and know that they will deliver on-time, on-budget and with the outstanding quality that we expect from a Chancery development.

Steve Suske is an expert in the seniors housing industry. Steve founded and led Chartwell Retirement Residences (TSX: CSH.UN), Canada’s largest seniors housing operator, as well as Regal Lifestyle Communities Inc. which was privatized by Revera Inc. and Welltower Inc. (formerly known as Health Care REIT, Inc.) on October 26, 2015. He also founded Spectrum Seniors Housing Development Corporation.

Suske Capital is currently the Asset Manager for Points West Living’s portfolio of over 460 suites across six properties and has developed over 70 retirement residences across Canada and the US.

Steve is currently Chair of each of Suske Capital’s portfolio companies including:

  • MTCO Holdings Inc., Suske Capital’s GTA based seniors housing development company, which develops state-of-the-art retirement homes;

  • Points West Living Limited Partnership, a portfolio of seniors housing properties in Alberta;

  • Avenir Senior Living in the development of Nanaimo Memory and Complex Care, and Surprise Memory Care.

 

Chancery’s Investment management team has over 55 years of combined experience in consolidation, operation and opportunistic investments in the seniors housing industry.

Steve Suske's Previous Projects

Harwood Place

Opened in Spring 2015

Sold to Chartwell in Fall 2015

GFA: 122,890 sq. ft.

1.5 year construction

126 suites

Montgomery Village

Opened in Fall 2013

Sold to Chartwell in Fall 2015

GFA: 131,018 sq. ft.

1.5 year construction

136 suites

Nanaimo Memory Care

Opened in May 2017

GFA: 48,451 sq. ft.

1 year construction

83 beds

Bowmanville Creek Retirement Residence

Opened in July 2017

GFA: 143,920 sq. ft.

1.5 year construction

143 suites

Balmoral Place

Retirement Community

Opening in Fall 2017

GFA: 47,839 sq. ft.

1.5 year construction

176 suites

Click on image to enlarge.

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