Sencap and Manulife Finance Long-Term Care Homes Across Ontario

Sencap Partners Inc. (“Sencap”), as financial advisor and administrative agent, and The Manufacturers Life Insurance Company (“Manulife”) recently completed a series of construction financings, alongside Building Ontario Fund (“BOF”), to support the development of long-term care homes across multiple Ontario communities. Cumulatively, these financings represent approximately $265 million in credit facilities for the development of long-term care homes in Ontario.

On May 1, 2025, Sencap, Manulife and BOF closed a construction financing for DTOC Long Term Care LP, Arch Chateau Park Facility Inc. and Amherstburg Facility Inc. to support the development of long-term care homes in Amherstburg and Windsor, Ontario.

On May 30, 2025, Sencap, Manulife and BOF closed additional construction financings for Arch Long Term Care LP, together with Arch Prescott Facility Inc. and Arch Tay Facility Inc., supporting the development of long-term care homes in Prescott and Perth, Ontario.

On June 27, 2025, Sencap, Manulife BOF closed a construction financing for DTOC II Long Term Care LP and Arch Lancaster Facility Inc. to support the development of a long-term care home in Lancaster, Ontario.

Sencap Partners Inc., with offices in Toronto, Oakville and Vancouver, is an independent financial services provider focused on customized debt financing for Canadian infrastructure and seniors housing projects. Backed by more than 40 years of experience, its principals have arranged more than $20 billion in financings, advised on 50-plus P3 projects and supported the development of 6,000 long-term care beds across Canada.

Aird & Berlis acted as legal counsel to Sencap and Manulife with a team led by Jill Fraser and including Michael Cappabianca, Katie Bell and Shannon Morris (Financial Services), Josh Eisen (Capital Markets) and Carlos Casasola (Real Estate).