Ownership at Careadon Village

At Careadon Village we are very proud to be 100% locally owned and operated Retirement Community. 

Careadon Village is part of a portfolio that is managed by UMC Financial Management Inc. (UMC).    UMC is a locally owned and operated financial management firm that was started in Edmonton in 1978.  Since its inception UMC has grown to over $300 million assets under administration.  With UMC at the helm, the financial stability of Careadon Village has never been stronger.

UMC officially took over Careadon on January 8, 2024.  Since that date, the focus has been on the completion of the building, and the of various amenities’ which make Careadon Village St. Albert’s newest Luxury 55+ Community.

We are very proud to say the construction is complete, the restaurant, hair and nail salon are open and all of the amenities are available for use.  With the growing number of tenants, Careadon Village is a vibrant place to call home.

Leasing of the 164 units is underway with the various floorplans providing variety for the new tenants who are moving into the newest luxury community in St. Albert.

If you would like to learn more about the ownership group, please visit their website by clicking here.