Mortgage Lending News: Chartwell Seniors Housing REIT (TSX:CSH.UN) says its COO will leave company Sept. 30

VANCOUVER, BC (September 13, 2011) Clearlease Financial Reports Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) says its chief operating officer Richard Noonan will leave the company at the end of the month.

The Toronto-area property owner said Tuesday Noonan is moving to a new field outside the seniors housing sector.

When Noonan leaves, his job will be assumed on an interim basis by Donna Marasco, the REIT’s senior vice-president of operations.

Chartwell is a real estate investment trust which indirectly owns and operates a range of seniors housing centres — from assisted living to long-term care centres.

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