Invesque CEO: Commonwealth Posts Historic Move-In Gains, Senior Housing Occupancy Bottomed Out in Q1 2021

Invesque (TSX: IVQ.U) CEO Scott White believes that occupancy and net operating income for his company’s senior housing operating partners will experience a quick rebound, paced by pent-up demand for senior living. As evidence, he points to Commonwealth Senior Living, Invesque’s affiliated operator with 33 communities across four states, which recorded the highest number of […]

Commonwealth Senior Living Names Parker as CEO in Planned Leadership Change

Commonwealth Senior Living has appointed former COO Earl Parker to the role of CEO as part of a planned succession that was delayed by the pandemic. Richard Brewer, the company’s founder, chairman and former CEO, will continue to work as chairman and support the company’s strategic vision and direction, but on a part-time basis. He […]

Future Leader: Kari Onweller, VP of Partner Relations and Portfolio Management, Invesque

The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Kari Onweller, vice president of partner relations […]

Commonwealth Manages to Drive Rates, Offset Pandemic-Related Occupancy Loss

Commonwealth Senior Living managed to offset pandemic-related occupancy loss and post a quarter-over-quarter increase in net operating income (NOI) by continuing to drive rate growth in Q2. “The results are particularly impressive considering the ongoing pandemic,” Scott White, CEO of Invesque (TSX: IVQ.U and IVQ), said Thursday on the Carmel, Indiana-based real estate investment company’s […]

Transactions & Financings: Healthpeak’s $600M Senior Note Offering; Resort Lifestyle Communities $36M Construction Loan

Healthpeak Prices $600M in Unsecured Senior Notes Healthpeak Properties (NYSE: PEAK) announced a public offering of $600 million aggregate principal amount of 2.875% senior unsecured notes due 2031. The price to investors was 99.125% of the principal amount of the notes. Healthpeak plans to use the net proceeds from the offering to fund the redemption […]

Despite Coronavirus, Invesque Focused on Promising Market Fundamentals

With the dust settled on a whirlwind 2019, Invesque (TSX: IVQ U) will spend 2020 improving its operating relationships, consolidating its portfolio into master leases, and pruning non-essential assets from its roster. The Toronto-based real estate investment company is doing this with an eye toward sustained growth in 2021 and beyond, and believes the shifting […]

Invesque CEO: Senior Living Industry Has Not ‘Dug Its Teeth’ Into Solving Workforce Crisis

It’s been a big year for Invesque. Since its founding in 2015, the Carmel, Indiana-based firm has amassed a nearly $2 billion portfolio, and made a signature acquisition in 2019 by purchasing the Commonwealth Senior Living operating company and 20 properties. This rapid growth is no accident — Invesque Chairman and CEO Scott White places […]

Transform Podcast #16: Scott White of Invesque

2019 was a big year for Invesque. The Carmel, Indiana-based firm made a splash when it acquired operator Commonwealth Senior Living and 20 of its properties for $340 million. Today, Invesque’s portfolio numbers more than 120 buildings with a gross value of about $2 billion. In this episode of Transform, hear from Scott White, Invesque’s […]