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Unicare sells Inglewood Care Centre to Baptist Housing

Fasken
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Overview

Client

Unicare Homes Inc.

On February 3, 2020, Unicare Homes Inc. sold Inglewood Care Centre to Baptist Housing, a non-profit society. The sale involved C$114 million in financing from BC Housing, a provincial Crown agency, and included Inglewood Care Centre as well as three adjacent lots.

Inglewood Care Centre is a 57 year old facility with 230 long-term care beds in West Vancouver, British Columbia.

Fasken advised Unicare Homes Inc. on the sale with a team that included Ally Bharmal, Gary Ott and Cathy Jares (M&A), and Sarah Batut, Kristian Arciaga and Cara Chu (Real Estate).

Team

  • Ally Bharmal, ICD.D, Partner, Vancouver, BC, +1 604 631 4987, abharmal@fasken.com
  • Gary Ott, Partner, Vancouver, BC, +1 604 631 4724, gott@fasken.com
  • Sarah Batut, Partner, Vancouver, BC, +1 604 631 4954, sbatut@fasken.com
  • Kristian N. Arciaga, Partner, Vancouver, BC, +1 604 631 4705, karciaga@fasken.com
  • Cara Chu, Associate, Vancouver, BC, +1 604 631 3176, cchu@fasken.com