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At the end of 2018, the great American adventure began for Cogir with the acquisition, in partnership with Welltower, of four resi...
Read moreAt the end of 2018, the great American adventure began for Cogir with the acquisition, in partnership with Welltower, of four residences in the state of Washington. Six years later, Cogir USA has 85 residences in operation, while two are under construction. The company is now present in 11 U.S. states.
2024 was a particularly important year for the U.S. division’s growth, as it opened three new residences on the West Coast and secured 25 new management mandates, reinforcing the company’s presence in several states and particularly on the East Coast, a region that Cogir USA hopes to develop over the next few years.
“The U.S. market represents tremendous growth opportunities for Cogir. I’m very proud of the team we’ve built in the U.S., and I’m convinced that its members will enable us to continue to grow in this market. At a time when the seniors’ residences industry is undergoing major transformations with the arrival of a new generation of more active and autonomous retirees, innovation and Quebec know-how will give us a head start in offering unique living environments adapted to their needs,” says Mathieu Duguay, CEO and Chief Investment Officer of Cogir Real Estate.
Two residences are currently under construction, scheduled to open in 2025. Located in Portland, Oregon, and on the outskirts of Denver, Colorado, they will offer a quite new lifestyle to the market, with apartments equipped with full kitchens and à la carte services, as opposed to the all-inclusive formulas offered for many years in the United States.
The U.S. portfolio currently comprises over 10,500 apartments. Further management mandates are expected to be announced in the coming weeks.
About Cogir Real Estate
Incorporated in 1995, Cogir Real Estate employs close to 16,000 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 430 properties throughout Canada and the United States. We oversee 6 million square feet of commercial property and 65,000 housing units, including more than 280 privately owned seniors’ residences. The Cogir Foundation supports projects and causes involving four major domains, namely youth, seniors, cultural diversity and the environment.
At the end of 2018, the great American adventure began for Cogir with the acquisition, in partnership with Welltower, of four resi...
Read moreAt the end of 2018, the great American adventure began for Cogir with the acquisition, in partnership with Welltower, of four resi...
Read more