Invesque Inc. Reports Strategic Asset Sales and Debt Reduction

Invesque (OTC) ( (MHIVF) ) has released its Q1 earnings. Here is a breakdown of the information Invesque (OTC) presented to its investors.

Invesque Inc. is a North American healthcare real estate company that invests in income-generating seniors housing communities, primarily focusing on independent living, assisted living, and memory care facilities.

In its first-quarter 2025 earnings report, Invesque Inc. highlighted a strategic focus on asset sales and debt reduction, with significant transactions aimed at optimizing shareholder value. The company reported a reduction in its KeyBank credit facility and the sale of a seniors housing asset in Syracuse, New York.

Key financial metrics for the quarter included a revenue of $37.4 million, a net loss of $8.9 million, and adjusted funds from operations (AFFO) of $2.2 million. The company also announced definitive agreements to sell 22 assets for a total of $319.8 million and plans to sell ten memory care communities, reflecting a strategic shift towards asset optimization.

Looking ahead, Invesque’s management remains focused on executing sale transactions to enhance shareholder value, capitalizing on the growing interest in the seniors housing sector. The company aims to continue its strategic asset disposition throughout 2025.