Retirement Homes

From 1997 to 2002, the Group invested in the retirement home sector. At its peak, the Group's portfolio comprised 7 homes, for a total of 1,459 units. These included the prestigious Jardins Intérieurs Saint-Lambert complex.

Because of the booming real estate market, the group sold the homes over 2001 and 2002. Three were sold to the El-Ad Group and the four others to a subsidiary of Caisse de Dépôt et Placement du Québec. Here are a few examples:

Les Jardins intérieurs, Saint-Lambert

Villa Rive-Sud, Longueuil Villa de l'Estrie, Sherbrooke

L'Émérite, Brossard Le Clair Matin, Longueuil

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