Optima Living, Axium Infrastructure and the DGAM Global Private Infrastructure Fund, which is managed by Desjardins Global Asset Management, have acquired five seniors living and continuing care communities in Canada via their Axium-Optima JV.
Bow View Manor, Cambridge Manor, Clifton House, Tudor Manor and Wentworth Manor, located in Calgary and Okotoks, Alberta, were acquired from The Brenda Strafford Foundation (BSF) for an undisclosed amount.
The communities were acquired following an extensive search process led by BSF’s board of directors. Optima and its partners were selected based on their alignment with BSF’s values and their long-term commitment to the seniors care sector, as well as to the residents, families, employees and communities in which they operate.
With this acquisition, Optima’s and Axium’s jointly held portfolio grows to 30 seniors living communities across Western Canada. The transaction also marks DGAM Infrastructure Fund’s seco
