Leisureworld Senior Care Corp
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Leisureworld Senior Care Corp (LW.TO) is a Real Estate Investment Trust in Canada that operates Leisureworld Caregiving Centres, but don't you dare call them nursing homes or institutions. They're running places for the elderly to live, not languish.
David Cutler is the Chief Executive Officer. They're based in Markham, Ontario.
Leisureworld Senior Care Corporation was founded in 1971 and is now the third largest long term care provider in Ontario. They operate 26 long term care homes with over 4,000 beds, a retirement home, and an independent living home.
They have three subsidiaries: Preferred Health Care Services, Ontario Long Term Care, and Tealwood Developments.
Canada has its own baby boom generation, which means that its population of elderly is going to keep growing for several more decades.
Therefore, Leisureworld Senior Care is a REIT well positioned to profit from this inescapable demographic trend.
Next: Northwest Healthcare Properties -- many medical office buildings and health care facilities
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