Mr. Quinn Haselhorst reports
INVESQUE INC. COMPLETES DISPOSITION OF REMAINING SKILLED NURSING FACILITIES AND FULLY REPAYS KEYBANK CREDIT FACILITY
Invesque Inc., on Aug. 15, 2025, sold its two remaining skilled nursing facilities in Illinois, which were previously leased via a long-term, triple-net lease that included a tenant purchase option.
Proceeds from the transaction allowed the company to fully repay the KeyBank credit facility. With this payoff, the company now has two unencumbered assets that were previously secured by the credit facility, providing additional financial flexibility. Following the completion of the transaction, the company's real estate portfolio includes 19 assets in eight U.S. states and one Canadian province.
"Closing on the sale of our remaining skilled nursing facilities and fully paying off the KeyBank credit facility represents significant progress for Invesque," noted Quinn Haselhorst, chief financial officer of the company. "This transaction and corresponding payoff continues our delevering strategy and provides us a great deal of flexibility going forward."
About Invesque
Inc.
Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic in North America will continue to utilize health care services in growing proportion to the overall economy. The company currently capitalizes on this opportunity by investing in a portfolio of income-generating, predominantly private pay seniors' housing communities. Invesque'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-leading operating partners. Invesque's portfolio also includes investments in owner-occupied seniors' housing properties in which Invesque owns the real estate and the licensed operations.
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