The Groupe Maurice sells Canadian affiliate of Ventas for C$987 million

Acted for all of the lenders to the affiliates of Fonds Immobilier Groupe Maurice (2015) SEC (Le Groupe Maurice (the “Borrowers”) in respect of the financing of their 31 senior citizen residences in order to obtain the consent requested for the sale by the principal limited partner Ipso Facto Investments of its limited partnership units held in the Borrowers. The sale was made to a Canadian affiliate of Ventas, a large American Real Estate Investment Trust. The sale was for an amount of 987 million dollars. A Fasken team led by Richard Clare, Marie-Andrée Thibault, including Catherine-Anne Goldrick in connection with this transaction.