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Invesque Inc. Provides Update on Year-to-Date Activities

Newswire.ca - Tue Feb 20, 5:00PM CST

TORONTO, Feb. 20, 2024 /CNW/ - Invesque Inc. (TSX: IVQ.U) (TSX: IVQ) (the "Company" or "Invesque") today announced a number of Company updates.

"Our team has been busy so far in 2024, continuing to prioritize pruning our real estate portfolio and cleaning up our balance sheet. Following the sale of the skilled nursing facilities expected to close in the next 40 days, the Company will only own four skilled nursing facilities, successfully achieving our previously stated goal of becoming a private pay senior housing focused platform," commented Adlai Chester, Chief Financial Officer, and Executive Vice President of Investments for the Company. "Going forward, we will continue to assess the portfolio to determine which assets, if any, are suitable disposition candidates."

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