Continued Growth in Same-Property Adjusted NOI and FFO
Chartwell marked its ninth consecutive quarter of double-digit growth in same-property adjusted NOI and FFO per unit. FFO grew to $73.1 million in Q3 2025, an increase of 30.8% compared to Q3 2024.
Strong Occupancy and Leasing Activity
Same-property occupancy increased 470 basis points to 93.1%. There was a net positive move-in to move-out ratio with an increase in both leases and permanent move-ins.
Significant Acquisitions
Chartwell completed over $1 billion of acquisitions in 2025 with significant properties added in Quebec, such as Les Tours Angrignon and Residence L'Aubier.
Reduction in Staffing Agency Costs
Staffing agency costs were reduced by 66% in Q3 2025 compared to Q3 2024.
Resident Satisfaction
Achieved a 67% very satisfied resident score, which is significantly above the industry average of 51%.