Long-Term Care Renewal Program
Complying with the Enhanced Renewal Program is a major undertaking for all the owners of older class 'B', 'C' or 'Upgraded D' long-term care homes in Ontario.
In keeping with the new design standards, there will not only be a need to raise large amounts of new capital, there will nearly always be a need to buy additional licensed beds, or to sell excess licensed beds, in order to optimize the financial viability of any new or upgraded long-term care home.
We have considerable real estate brokerage experience in the long-term care home sector and shall be pleased to participate in a confidential discussion with you about your "Renewal" options.
Scarcity of Retirement Home Listings
There continues to be high demand from buyers for 'institutional' and 'non-institutional' grade retirement homes in Ontario. Since there are few retirement homes for sale now, this may be a good time to consider selling.
We have considerable real estate brokerage experience in the retirement home sector and shall be pleased to participate in a confidential discussion with you about your options for an exit strategy.