Southbridge Acquires Bayfield Manor Nursing & Retirement Home

Southbridge acquired Bayfield Manor, a 66 nursing bed & 57 suite retirement home in Kemptville, Ontario as of late yesterday. “We are pleased to welcome Bayfield’s residents and staff into the Southbridge family,” remarked Mike Petersen, President & CEO of Southbridge Capital Inc. “Our hope is that together, we can continue to build upon the great sense of community in …

Ontario Ministry of Health Approves Southbridge’s Latest Acquisition, Finalizing Sale of Community Lifecare’s Portfolio of Existing Long Term Care Homes & Adjoining Retirement Residences

With Ontario’s Ministry of Health & Long Term Care’s (MOHLTC) approval, Southbridge Health Care LP and the Southbridge Health Care Fund have finalized the acquisition of Community Lifecare’s portfolio of existing long term care and retirement homes. This latest acquisition for Southbridge increases its capacity to care for an additional 725 residents. The six Community Lifecare homes will now operate …

Southbridge Capital Inc., Mount Sinai Hospital & The Mount Sinai Hospital Foundation of Toronto Announce Formal Partnership to Improve Older Patient & Staff Safety

Together with Sinai Health System’s Mount Sinai Hospital & the Mount Sinai Hospital Foundation of Toronto, Southbridge Capital Inc. is pleased to announce its support of the Safe Patients/Safe Staff™ program for hospital and long-term care workers and their patients in Ontario. The partnership with Southbridge will allow Mount Sinai Hospital to refine and develop its pilot program and explore …

Southbridge Management Services LP Becomes Southbridge Care Homes Inc.

As part of a realignment that occurred on June 9, 2014, Southbridge Management Services LP has become Southbridge Care Homes. This realignment was undertaken to better reflect the company’s direction for today and into the future; overseeing the management and redevelopment of long-term care homes and retirement communities. Southbridge Care Homes’ mission is to develop a best-in-class portfolio of care …

Southbridge Announces Acquisition of Community Lifecare’s Existing Nursing Home Portfolio & Adjoining Retirement Residences

The Southbridge Health Care LP and Southbridge Health Care Fund announce today the acquisition of Community Lifecare’s existing nursing home portfolio and adjoining retirement residences, pending the Ministry of Health & Long-Term Care’s approval. The acquisition is scheduled to close in Q3 2014 and will increase its capacity to care for an additional 725 residents. On the acquisition, Mike Petersen, …

Southbridge Completes Two More Acquisitions & Expands Reach to Ottawa Area

In a remarkable finish to 2013, Southbridge Health Care LP, together with the Southbridge Health Care Fund, announce the successful acquisition of an additional two long-term care homes in the Ottawa region on December 31st, 2013. Marochel Manor in Ottawa (64 beds) and Pinecrest in Plantagenet (60 beds) mark the company’s 11th and 12th acquisitions in the last 13 months, …

Southbridge Completes 10th Acquisition in the Last 13 Months

Increasing its footprint in Ontario, Southbridge Health Care LP, together with the Southbridge Health Care Fund, is pleased to add Chelsey Park to its growing family of long-term care homes. Strategically located in downtown London, Ontario, Chelsey Park has 247 long-term care beds and 318 apartment/retirement style beds, split between three separate facilities. This marks Southbridge’s 10th acquisition in the …

Southbridge Completes Ninth Acquisition with the First Country Village Homes Concept

Today Southbridge Health Care LP, together with the Southbridge Health Care Fund, completed its latest acquisition with the purchase of Country Village Health Care Centre in Woodslee, Ontario. Country Village Health Care Centre is one of the first homes in Ontario to be redeveloped under the Ministry of Health and Long-Term Care’s Long-Term Care Home Renewal Strategy. It is the …