Scott White, CEO of Invesque (TSE: IVQ.U), on Thursday added his voice to the chorus of senior living leaders expressing optimism about a recovery taking hold in the sector — but with a dose of caution. White feels a sense of “rejuvenation” and “excitement” from the Invesque team and the real estate investment firm’s operating […]
Invesque
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 […]
Commonwealth Senior Living again helped Invesque (TSX: IVQ.U and IVQ) buoy an earnings period challenged by Covid-19. The portfolio, which Invesque acquired for $340 million last year and now includes more than 30 senior living communities, saw an occupancy decline of just 10 basis points in the third quarter of 2020 while holding steady on […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
After a whirlwind of acquisition activity in 2019, Invesque (TSX: IVQ U) is winding down the year with an eye on maximizing the value of its expanded senior housing portfolio in 2020 through improved operations, selective paring of assets, and holding options to consolidate most of its portfolio into master leases. The Toronto-based real estate […]
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