Cogir Management USA Adds Three New Retirement Homes to Its Portfolio

12 May 2022
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Cogir Management USA Adds Three New Retirement Homes to Its Portfolio

Cogir Management USA, the American property management arm of Cogir Real Estate, is growing with the company becoming, on April 19, 2022, co-owner and manager of three senior living communities in Vancouver, WA. These new properties will be added to another community in the Vancouver area that has been part of Cogir’s portfolio since 2018. These communities will offer adaptable lifestyles designed to meet a full spectrum of accomodations ranging from independent and active retirees to individuals requiring daily assisted living or those experiencing cognitive impairment. This transaction brings the number of U.S. properties under Cogir’s management to 20 with over 2,850 units in Washington and California.

“We are delighted to have this opportunity to invest in these three magnificent properties alongside Welltower, our partner, thereby consolidating our presence in Vancouver, WA, as well as on the American West Coast,” declares Mathieu Duguay, Cogir Real Estate’s chief executive officer.

Overall, there are 703 housing units ranging from bachelors to two-bedroom apartments being added to the portfolio. Moreover, the three senior living communities feature varied common areas catering to every taste, including a salt-water swimming pool, a movie theatre, beauty salon, restaurants, an art studio, a gym and much more!

“We are looking forward to meeting the residents and their loved ones as well as the teams on site who have done tremendous work over the years. We are quite pleased to welcome the residents and fantastic team members into the great Cogir family. The addition of these three communities fits nicely in Cogir Management USA’s expansion plans,” adds David Eskenazy, Cogir Management USA’s chief executive officer. “The culture and standards that have clearly been a part of these communities fit perfectly with Cogir and what we stand for”.

About Cogir Real Estate

Incorporated in 1995, Cogir Real Estate employs close to 5,000 people who are passionate about real estate. With our constant desire to give purpose to real estate, we strive to maintain a human focus, to create and to excel in our quest to design living environments that are pleasant, functional and a reflection of their occupants. Our team manages over 260 properties throughout Canada and the United States. We oversee 5 million square feet of commercial property and 32,000 housing units, including more than 70 privately owned seniors’ residences. The Cogir Foundation supports projects and causes involving four major domains, namely youth, seniors, cultural diversity and the environment.

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