On April 1, 2026, Welltower Inc. (WELL-N) successfully closed the acquisition of Amica Senior Lifestyles properties. The $4.6 billion portfolio of Amica consists of 31 income-producing properties, seven communities under construction, and nine entitled development parcels located in Ontario and British Columbia from Ontario Teachers’ Pension Plan Board.
Cassels acted for the lenders in connection with the loan assumption process.