Invesque Ord Shs T.IVQ

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

Real Estate Real Estate - General

Invesque Inc. is a health care real estate company. The Company owns a portfolio of North American properties across the health care spectrum. The Company invests in a portfolio of predominantly privately paid senior housing communities. The Company's portfolio includes investments primarily in independent living, assisted living, and memory care, which are operated under long-term leases and joint venture arrangements with industry operating partners. The Company's portfolio also includes investments in owner-occupied seniors housing properties in which the Company owns the real estate, the licensed operations, and provides management services through Commonwealth Senior Living, LLC. It owns a portfolio of over 56 properties in the United States, comprised of 53 assisted living and memory care facilities and three skilled nursing facilities. In Canada, the Company owns an interest in four seniors housing assets.

TSX:IVQ - Post by User

Invesque Ord Shs

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Comment by anubis44on Nov 05, 2020 10:45am

152 Views

Post# 31841853

RE:RE:RE:52 week low

My view is that we aren't going to stop needing long-term care facilities any more than we're going to stop needing funeral homes and cemetaries. IVQ's share price has been hit pretty hard, but I'm holding my stake because I fail to see how they don't either turn around their business with ultra cheap interest rates/refinancing, or become a buy-out target. Either way, the Morningstar 'fair value' is $3.53, and the quantitative rating is 'undervalued'.

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