Revera
Revera Inc. is a Toronto-based boutique asset management firm specializing in senior living real estate in Canada and the United States, owning and/or asset managing roughly 80 properties through operating partners AgeCare, Cogir Senior Living, Extendicare, and Sunrise Senior Living.
- Company typePrivate
- Founded1961
- HeadquartersToronto, Canada
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Revera does
Revera Inc. is a privately held boutique asset management firm headquartered in Toronto, Ontario, that specializes in senior living real estate across Canada and the United States. Founded in 1961 and formerly known as Revera Living, the firm currently owns and/or asset manages approximately 80 senior living properties in North America and operates from the Bay-Adelaide Centre (22 Adelaide Street West, Suite 2010). Rather than operating communities directly, Revera provides strategic asset management services and partners with established senior living operators — AgeCare, Cogir Senior Living, Extendicare, and Sunrise Senior Living — to manage the day-to-day operations of properties within its portfolio.
The company's core offering is senior living real estate asset management, complemented by an operating-partner network that serves as the functional layer delivering resident services. Revera positions itself on specialized sector knowledge accumulated over more than six decades, targeting institutional investors and operating partners rather than operating independent residential communities. Revenue is generated through management fees (and potentially performance-based fees) on its ~80-property portfolio, with the firm's customer base consisting of the operating partners who lease or operate assets on behalf of the firm and the underlying institutional capital providers. Pricing is not publicly disclosed and is negotiated per asset or on an AUM basis.
The firm's go-to-market is a relationship-driven, direct sales motion to enterprise counterparties (major senior living operators and institutional investors). The organization is boutique in scale (51–100 employees) with a lean corporate footprint — its public career page lists a single open Analyst – External Financial Reporting role in Toronto. Revera maintains compliance with Canadian accessibility (AODA) and federal Privacy Act obligations, operates in two countries, and is not a technology company: it has no publicly disclosed proprietary platform, no apps, and no AI/ML capabilities. The most material recent strategic action disclosed is the October 2025 sale of two Ontario senior living assets to Primacorp Ventures' Prima Living, indicating active portfolio rotation rather than expansion.
Revera firmographics
Firmographics- Name
- Revera
- Legal name
- Revera Inc.
- Website
- https://reverainc.com
- Company type
- Private
- Founded year
- 1961
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Revera Inc. is a Toronto-based boutique asset management firm specializing in senior living real estate in Canada and the United States, owning and/or asset managing roughly 80 properties through operating partners AgeCare, Cogir Senior Living, Extendicare, and Sunrise Senior Living.
- Ownership category
- akta.pro rank
Revera industry classification
Industry- Product category
- Senior Living Real Estate Asset Management
- NAICS
- Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)
- akta.pro primary industry
- Senior Living Property Management (BPAJAGAI)
- akta.pro secondary industries
- Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG), Senior & Assisted Living Residential Property Management (BPAJAFAE)
Keywords
Where Revera is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Revera business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Services: Revera generates revenue through asset management fees for senior living real estate properties across Canada and the United States. As a boutique asset management firm, the company likely earns management fees and potentially performance-based fees from its portfolio of 80 senior living properties.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Revera product offering
Product offeringCore offering
Revera Inc. is a boutique asset management firm that owns and/or asset manages approximately 80 senior living properties across Canada and the United States. Rather than operating communities directly, the firm provides strategic asset management services and partners with established senior living operators (AgeCare, Cogir Senior Living, Extendicare, Sunrise Senior Living) to deliver senior living experiences.
Product overview
Revera Inc. is a boutique senior living real estate asset management firm that owns and manages approximately 80 senior living properties across Canada and the United States. Rather than operating communities directly, Revera provides asset management services and partners with established operators (AgeCare, Cogir Senior Living, Extendicare, and Sunrise Senior Living) to deliver senior living experiences. The company focuses on strategic investments in vibrant senior living communities and enriches residents' residential experiences through its specialized expertise in the sector.
Differentiator
Problem solved
Functional benefit
Products and services
- Senior Living Real Estate Asset Management Revera Inc. provides asset management services for high-quality senior living real estate assets across Canada and the United States, managing a portfolio of approximately 80 senior living properties in North America. The firm makes strategic investments in vibrant senior living communities and supports operational partners to enrich seniors' residential experiences.
- Operating Partner Network Revera works with strategic operating partners including AgeCare, Cogir Senior Living, Extendicare, and Sunrise Senior Living to operate and manage senior living communities within its asset management portfolio. This network enables Revera to invest in senior living real estate while leveraging specialized operators for day-to-day community operations.
Companies that use Revera
Customer profileSegments1 record
Ideal customer profiles2 records
Revera technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Revera partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Primacorp Ventures (Prima Living)minorAsset sale transaction: Prima Living (a division of Primacorp Ventures) purchased two assets from Revera and assumed management of three Ontario retirement communities (Trafalgar Lodge, Rayoak Place, and Amenida Pickering). Involves over $1 million in renovations. This represents a divestiture relationship where Revera sold properties to enable Prima Living's expansion.
- AgeCarecoreOperating partner that manages senior living communities. AgeCare is one of Revera's key operational partners in the senior living sector.
- Cogir Senior LivingcoreOperating partner managing senior living communities. Cogir Senior Living operates Revera's former retirement residence portfolio (note: Cogir Senior Living website handles former Revera Living retirement residences).
- ExtendicarecorePublicly traded seniors' care company (TSX: EXE) operating long-term care homes and home health care services across Canada. Listed as an operating partner on Revera's About page.
- Sunrise Senior LivingcoreOperating partner providing senior living management services. Sunrise Senior Living is a well-known senior living operator in North America.
Scale indicators2 records
Recent moves6 records
Expansion highlights3 records
Revera competitors and assessment
Company assessmentBroad incumbents
- Welltower: Welltower is the largest US healthcare REIT with deep senior housing exposure. Comparable to Revera as a capital partner to senior living operators, but at vastly larger scale and a public, REIT balance sheet structure.
- American Healthcare REIT: American Healthcare REIT is a healthcare-focused REIT with senior housing operating partnerships. Comparable to Revera in pairing capital with senior living operators across North America.
- Healthpeak Properties: Healthpeak Properties is a diversified healthcare REIT with senior housing, lab, and medical office. Comparable to Revera as a senior housing capital partner to operators across North America.
- CareTrust REIT: CareTrust REIT focuses on seniors housing and healthcare-related real estate. Comparable as a senior housing capital partner operating across North America, but with a broader portfolio mandate.
- Sabra Health Care REIT: Sabra Health Care REIT invests in senior housing and skilled nursing across the US and Canada. Comparable to Revera as a North American senior housing real estate specialist and operator capital partner.
- Ventas: Ventas is a major healthcare and senior housing REIT. Comparable to Revera as a long-term capital provider for senior living real estate across North America, operating at materially larger scale.
Others
- Extendicare: Extendicare (TSX: EXE) is a publicly traded Canadian seniors care company operating long-term care and retirement residences, and is one of Revera's named operating partners. Comparable through this operator partner relationship central to Revera's asset management model.
- Sunrise Senior Living: Sunrise Senior Living is a major senior living operator in North America and one of Revera's four named operating partners. Comparable through the operating relationship that defines Revera's business model.
Direct peers
- Chartwell Retirement Residences: Chartwell is a Canadian senior living owner/operator operating retirement communities across Canada. Comparable as a Canadian-headquartered senior living real estate specialist with operator relationships; differs in being operator plus owner rather than a pure asset manager.
- Sienna Senior Living: Sienna Senior Living is a Canadian senior living owner/operator with retirement and long-term care residences. Comparable to Revera in Canadian senior housing footprint and operating relationships, though Sienna operates rather than asset-manages.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Revera social profiles
Digital presenceRevera compliance and trust
Trust signalCompliance2 records
Revera financial estimates
Financial estimateRevenue estimate
Valuation estimate
Revera leadership team
Management profileNumber of profiles
Revera funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Revera M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Revera
What does Revera do?
Revera Inc. is a boutique asset management firm that owns and/or asset manages approximately 80 senior living properties across Canada and the United States. Rather than operating communities directly, the firm provides strategic asset management services and partners with established senior living operators (AgeCare, Cogir Senior Living, Extendicare, Sunrise Senior Living) to deliver senior living experiences.
Is Revera a public or private company?
Revera is a private company. It is classified as unknown and is currently operating.
When was Revera founded?
Revera was founded in 1961. It employs 51 to 100 people.
Where is Revera based?
Revera is headquartered in Toronto, Canada, in the North America region.
How does Revera make money?
One revenue line is on record: asset Management Services.
Who are Revera's main competitors?
Broad incumbents on record are Welltower, American Healthcare REIT, Healthpeak Properties, CareTrust REIT, Sabra Health Care REIT and Ventas. Others are Extendicare and Sunrise Senior Living. Direct peers are Chartwell Retirement Residences and Sienna Senior Living.
Does Revera have an API?
No public API is recorded for Revera.
What industry is Revera in?
Revera's product category is Senior Living Real Estate Asset Management. Its primary akta.pro industry code is BPAJAGAI, Senior Living Property Management, with a secondary code of HLADAAAG, Independent Living Real Estate Owners/Operators (REITs & Management Companies). Its NAICS code is 6233 and its SIC code is 6531.