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TSE:CSH.UN

Chartwell Retirement Residences (CSH.UN.TO)

19.35
-0.10 (0.51%)
as of Oct 9, 2026, 8:00:00 pm Market Open.
522 watching
0
WEAK BUY
Has made some major acquisitions, of which, one has not performed well. This is probably something worthwhile looking at. The worst is probably already in the market. They'll have to do something to do with their structure. Has potential, but more risk than others.
BUY
Long-term care industry in Canada and US. Had brought 3 companies together and had some issues with operating costs, but he thinks they have a legitimate chance of bringing this under control. Sees good growth opportunities in the US and somewhat in Canada.
COMMENT
New trust rules say that to qualify as a REIT, 75% of the properties have to be in Canada. Also, only 5% of your overall revenue stream is coming from management fees. There’s ways around this. Retirement businesses are very highly regulated.
COMMENT
REITs are up about 5% since the Oct 31/06 announcement as most are excluded from the new legislation. Those that aren’t are quite capable of restructuring. Will continue to be pressure until the rules are clarified.
COMMENT
Announced a number of major acquisitions following the 2nd quarter. Stock price down because market expected it would be funded through a new issue. Past couple of quarters were weaker than expected. Takes a while to integrate the acquisitions. Doesn’t qualify on the REIT tax exemption.
BUY
A seniors housing REIT. An external acquisition story. Their unit price has suffered because in doing their acquisitions, they haven't realized as much value in the accretions as some thought they would. Good yield. Expect that growth will outperform going forward.
PAST TOP PICK
(A Top Pick June 23/06. Up 2.1%.) Four years will give them time to re-structure their business to change their tax.
COMMENT
Likes this one longer term but does have some issues with things like external development of property from a governance point of view. Good management. A bit acquisition driven.
WEAK BUY
Seniors housing. The seniors market tends to be priced a bit lower than your traditional REITs. It will be making some acquisitions in order to increase growth. Not a big fan of REITs.
BUY
This was an amalgamation of 3 large senior citizens residences and initially there was disappointment in the lack of synergies. Believes it is a good place to be in the long-term.
TOP PICK
The senior care part of the REIT sector has been really hammered over the last few months. They know how to grow their asset base outside of Ontario and Canada. Sees some very positive trends in this company. Good price.
TOP PICK
Pays 7.9%. Great management team. Demographics on long-term retirement are good. Q3 and Q4 numbers for last year were under expectations but Q1 this year was right on. Looks like they've turned the corner. Have some good growth pipeline opportunities this year. With the price pullback, it's a good buying opportunity.
TOP PICK
Recently upgraded it to an outperform rating. Have had tremendous asset growth with increased book value by 3.5 times. Very active on the acquisition front. On track for a very stellar year.
WATCH
Getting into the range where he would like to look at it.
BUY
Downward pressure was on concerns that they were going to make a bid on Retirement Residences (RRR.UN-T). They are now out of the running on that. Also affected by the sell off of the REIT market. This seems to be abating.
Showing 451 to 465 of 492 entries