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.

TSX:IVQ - Post by User

Invesque Ord Shs > DEBT LOAD AT MORE THAN 75% OF NAV IS SCARING AWAY MANY

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Comment by Capharnaumon Apr 08, 2022 7:52pm

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Post# 34589673

RE:DEBT LOAD AT MORE THAN 75% OF NAV IS SCARING AWAY MANY

Predator2018 wrote: WITH HIGHER INTEREST RATE, THE INTEREST PAYMENT ALONE PLUS DEBT IS A SERIOUS CONCERN FOR MANY.

The vast majority of their credit facilities are fixed due to credit swaps. The renewing mortgages could be at higher interest rates, though.

I agree that the high level of debt is a concern.

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