First Quarter and Subsequent Highlights
As previously announced, on January 23, 2026, the Company fully redeemed all of its US$27.3 million outstanding 9.75% unsecured subordinated debentures due December 30, 2027.
"Invesque continues to prioritize the strategic disposition of assets in our portfolio and is looking to take advantage of the favorable market dynamics being seen currently in the seniors housing sector in the United States for our remaining seven assets," commented Adlai Chester, Chief Executive Officer for the Company. "We recently signed a purchase and sale agreement to sell two seniors housing assets in the Northeast which should close in Q3 2026 but remains subject to standard due diligence and closing conditions. I expect that we will have meaningful updates following the second quarter."
Financial Highlights
Three Months Ended March 31,
(in thousands of U.S dollars)
2026
2025
Revenue
$2,557
$37,392
Net Income (Loss)
$301
$(8,943)
FFO1
$(964)
$2,052
AFFO2
$(997)
$2,215
About Invesque
Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic 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, private pay seniors housing communities. Invesque's portfolio includes investments in independent living, assisted living, and memory care, which are operated under joint venture arrangements with industry-leading operating partners and in owner-occupied seniors housing properties in which the Company owns the real estate, and the licensed operations.
Forward-Looking Information
This press release (this "Press Release") contains certain forward-looking information and/or statements ("forward-looking statements"), that reflect and are provided for the purpose of presenting information about management's current expectations and plans relating to the future, including, without limitation, the Company's plan to strategically dispose of additional assets. Forward-looking information is typically identified by terms such as "anticipate," "believe," "continue," "expect," "expectations," "look," "may," "plan," "project," "should," "will," and other similar expressions that do not relate solely to historical matters and suggest future outcomes or events. Readers should not place undue reliance on forward-looking statements and are cautioned that forward-looking statements may not be appropriate for other purposes. Forward-looking information is generally based on a number of assumptions, opinions, and estimates, including, but not limited to, that the Company will be in a position to capitalize on favorable market dynamics and dispose of certain of its portfolios in the future. While these assumptions, opinions, and estimates are considered by the Company to be appropriate and reasonable in the circumstances as of the date of this Press Release, they are subject to a number of known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied ...
