Sienna Senior Living opens Oakwood in Brandtford, Ont.

Executive Summary

• Sienna Senior Living Inc. officially opened Oakwood Commons, a 160-bed long-term-care community in Brantford, Ontario, marking its second long-term-care redevelopment project completed in 2025.
• The new facility replaces 122 older Class C beds, with all former residents successfully relocated and full occupancy expected by the end of 2025.
• The opening contributes to a broader portfolio upgrade strategy; combined with other recent projects, Sienna has added $220 million in greenfield development this year, which is expected to improve adjusted funds from operations (AFFO) by approximately 3% per project once fully operational.

Key Details

• Project Name: Oakwood Commons Community.
• Location: Brantford, Ontario, located on the banks of the Grand River.
• Capacity: 160 beds.
• Replacement: Replaces 122 older Class C beds.
• Occupancy Status: All residents from the older building have moved; full occupancy is expected by the end of 2025.
• Portfolio Context: This is the second long-term-care redevelopment completed in 2025. It is part of the "campus of care" development project, which also includes Aspira Brants Landing Retirement Living (147 suites, opened last month).
• Financial Impact:
  • Sienna added $220 million of greenfield development projects this year (including the North Bay project).
  • Each fully operational development is expected to improve AFFO by an average of approximately 3%.
• Management Commentary: CEO Nitin Jain highlighted the project as a step in upgrading the property portfolio, delivered on time and within budget.

Notable Quotes

• "The addition of Oakwood Commons is another step in our efforts to upgrade our property portfolio and reflects our deep commitment to providing a modern and supportive environment for residents, their families and our team members," said Nitin Jain, president and chief executive officer of Sienna.
• "We are deeply thankful for all involved in helping us deliver this project on time and within budget, and in the successful transition of our residents to their beautiful new home."