Invesque Ord Shs T.IVQ

Alternate Symbol(s): T.IVQ.DB.U | T.IVQ.DB.V | MHIVF

Invesque Inc. is a healthcare real estate company. The Company is focused on investing in a portfolio of North American properties across the health care spectrum. The Company's portfolio includes investments in independent living, assisted living, memory care, skilled nursing, transitional care, and medical office properties, which are operated under long-term leases and joint venture arrangements with operating partners. Its portfolio also includes investments in owner-occupied seniors housing properties in which the Company owns the real estate and provides management services through its subsidiary management company, Commonwealth Senior Living. The Company owns or has a majority interest in a portfolio of approximately 68 properties in the United States, comprised of 57 assisted living and memory care facilities, nine skilled nursing facilities and two medical office buildings.

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Invesque Ord Shs > Q3 is out

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Comment by Capharnaumon Nov 12, 2020 4:58pm

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RE:RE:RE:Q3 is out

Just listened to the conference call...

Regarding the MOU with Symphony:

If the assets get sold, they plan to use the proceeds to delever the balance sheet and improve liquidity. However, it would reduce th NOI and total assets.

If they transition the assets to another operator, they'll have to negociate new leases and in that case it could impact NOI but wouldn't deleverage the balance sheets (or initially improve liquidity).

It seems like they would look at selling the assets first, from the impression I got on the conference call.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle