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Invesque

‘Our industry will forever be better and stronger’ as a result of COVID-19: Invesque CEO
‘Our industry will forever be better and stronger’ as a result of COVID-19: Invesque CEO
By
Amy Novotney
Dec 15, 2020

The senior living industry will emerge from the COVID-19 pandemic with a greater appreciation for the value of its care providers and the myriad of unique and necessary services provided in the facility...

Senior living industry better prepared to weather future pandemics: Invesque CEO
Senior living industry better prepared to weather future pandemics: Invesque CEO
By
Kimberly Bonvissuto
Nov 13, 2020

The senior living industry faces COVID-19 headwinds that are expected to continue into 2021, but Invesque Chairman and CEO Scott White said he is confident the industry has “figured out how to handle...

Invesque eyes Symphony portfolio as COVID-19 creates ‘challenging operating environment’
Invesque eyes Symphony portfolio as COVID-19 creates ‘challenging operating environment’
By
Kimberly Bonvissuto
Aug 14, 2020

Invesque is in discussions with the Symphony Care Network in light of the effect of the COVID-19 pandemic on its operations. Although Invesque said it is too early to comment on the restructuring, options...

Invesque touts portfolio diversification as a strength in the COVID-19 pandemic
Invesque touts portfolio diversification as a strength in the COVID-19 pandemic
By
Kimberly Bonvissuto
May 15, 2020

When it comes to portfolio diversification, Invesque Chairman and CEO Scott White said he never anticipated that something like the COVID-19 pandemic would figure into its strengths in geographic diversification.

Invesque suspends dividends; Pennant maintains 2020 guidance
Invesque suspends dividends; Pennant maintains 2020 guidance
By
Amy Novotney
May 15, 2020

Invesque announced several moves Wednesday to preserve cash and strengthen the company’s balance sheet. These included the suspension of its dividend for common shareholders, executive compensation and...

Invesque seeks to divest non-core assets, create efficiencies in 2020
Invesque seeks to divest non-core assets, create efficiencies in 2020
By
Lois A. Bowers
Mar 13, 2020

Invesque plans to “opportunistically divest non-core assets and redeploy capital with our preferred partners” in 2020, Chairman and CEO Scott White said Thursday. The healthcare real estate company...

Invesque closes on final three Commonwealth communities for $55 million
Invesque closes on final three Commonwealth communities for $55 million
By
Lois A. Bowers
Jan 02, 2020

Healthcare real estate company Invesque has closed on the final three private-pay senior living communities that were part of a 20-property Commonwealth Senior Living portfolio acquisition announced in...

Invesque ends year with more than $440 million in acquisitions
Invesque ends year with more than $440 million in acquisitions
By
Lois A. Bowers
Nov 15, 2019

As real estate investment company Inveque prepares to end 2019 having executed on more than $440 million in acquisitions, company executives said Thursday they are looking at a “very robust” pipeline...

Invesque moving Greenfield properties to Commonwealth, Heritage
Invesque moving Greenfield properties to Commonwealth, Heritage
By
Lois A. Bowers
Aug 16, 2019

Invesque is moving 13 Greenfield Senior Living communities to other operators, company executives announced Thursday on the healthcare real estate company’s second-quarter earnings call.

Invesque closes on Commonwealth Senior Living acquisition in ‘pivotal moment’
Invesque closes on Commonwealth Senior Living acquisition in ‘pivotal moment’
By
Lois A. Bowers
Aug 02, 2019

Toronto-based Invesque has closed on its previously announced acquisition of Charlottesville, VA-based Commonwealth Senior Living and 17 private-pay senior living communities totaling 1,205 units and 1,469...