Invesque Ord Shs T.IVQ

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

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.

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Invesque Ord Shs > Large sell order on the U debenture at 84

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Comment by Capharnaumon Nov 11, 2021 8:46am

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Post# 34114074

RE:RE:RE:RE:Large sell order on the U debenture at 84

pjn0987654321 wrote: On the bright side, the loss is substantially less than it was.

They say "over 140 basis points of sequential occupancy improvement". I hope they are charging more.

The loss is mainly due to changes in fair value (around $11M net). Since their average cap rate is now 8% with all their fair value adjustments, I don't think they'll do many more. When the market stabilizes, cap rates will likely move back down towards 7%.

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