How many long-term care homes does revera own?
36 long term care homes
Through a joint venture, Revera shares ownership of 36 long term care homes in Ontario, Alberta, Manitoba and British Columbia with Axium, a Canadian-based infrastructure investment firm. Through a joint venture, Revera shares ownership with Welltower of 92 retirement communities across Canada, US and UK.
Who owns revera care homes in Canada?
the crown corporation Public Sector Pension Investment Board
The federal government, through the crown corporation Public Sector Pension Investment Board, is the sole owner of Revera Inc. – and therefore the owner of Canada’s second-largest chain of for-profit long-term care facilities.
Does revera have a pension plan?
Many of us were shocked to learn that our pension plan is the sole owner of Revera Inc – a company that runs long-term care facilities for profit. These private facilities continue to see much higher rates of COVID-19 infection and death than the public facilities. We don’t want our pension to make money this way.
Is revera public or private?
public. Revera Inc is a for-profit chain long-term care corporation that, according to an investigative piece by Global News,had the second highest number of deaths in their residents during the first wave of the COVID-19 pandemic.
Is revera Chinese owned?
Revera Inc. is a Canadian company that provides accommodation, care and services for seniors. It owns and operates retirement residences and long-term care facilities.
What is revera living?
Revera is a leading owner, operator, developer and innovator in the senior living sector. Revera has billions of dollars in assets and owns or operates more than 500 properties across Canada, the United States and the United Kingdom.
Is Rivera a Crown corporation?
Revera, which owns and operates more than 500 seniors’ residences in North America and the U.K., is a wholly owned subsidiary of PSP Investments, a Canadian Crown corporation that invests funds for the pension plans of federal public servants, Canadian Forces personnel and the RCMP.
Is revera an American company?
Does revera own sunrise?
Canadian senior living operator Revera Inc. is now officially the majority owner of Sunrise Senior Living’s (NYSE: SRZ) management company following the completion this week of a previously announced transaction.
Who is CEO of Revera?
Thomas G. Wellner
Revera/CEO
Who is the CEO of Revera retirement homes?
Where is revera based?
Mississauga, Ontario
Revera
| Type | Subsidiary |
|---|---|
| Headquarters | Mississauga, Ontario , Canada |
| Key people | Thomas G. Wellner (President and CEO) |
| Parent | Public Sector Pension Investment Board |
| Website | reveraliving.com |
What does Revera long term care home do?
Revera’s Long Term Care homes offer residents 24-hour nursing care, assistance with daily living activities and extensive personal care in a safe, secure and social environment. Admission and funding are overseen by local government agencies in each province.
When did Revera invest in Sunrise Senior Living?
In 2014, Revera, in partnership with Health Care REIT (HCN), acquired the management company of Sunrise Senior Living. In 2015, Revera, in partnership with Welltower, acquired Regal Lifestyle Communities expanding into Alberta. [7]
What’s the phone number for the Revera Home?
Contact Revera Living | Got Questions? We’ve got answers | Revera. Home. Contact us. Questions? Call us at 1-877-929-9222.
What makes Revera a good place to work?
Revera’s culture is one that embraces and celebrates the human spirit at every age. Remember, hiring is a two-way conversation – we’re interviewing you, but you are also interviewing us! We want you to be just as enthusiastic about working here as we are.