Farris is pleased to have represented PARC Retirement Living (“PARC”) on its successful acquisition of Athens Creek Retirement Lodge (“Athens Creek”) in Penticton, BC. Farris also acted for PARC in the concurrent acquisition financing with Bank of Montreal.
PARC specializes in operating independent seniors’ lifestyle residences in British Columbia. Athens Creek offers 79 independent living suits, providing a luxurious retirement lifestyle. This acquisition reflects PARC’s commitment to ensuring seniors thrive through an active, enriched lifestyle in communities across British Columbia.
Farris’ Senior Housing Group is led by partner Peter M. Roth (Corporate and M&A), and the PARC transaction and financing team included Cassandra Enns (Real Estate and M&A), Jamie Matthews (Real Estate and M&A), Micheal Korbin (Labour and Employment), Harpreet Sidhu (Real Estate and M&A) and Saylor Preston (Articling Student).
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