Invesque (OTC) (TSE:IVQ) has released an update.
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Invesque Inc. has strategically divested $68 million of skilled nursing facilities in Q1 2024, focusing on seniors housing assets and improving its balance sheet. The company also reported a funds from operations (FFO) and adjusted funds from operations (AFFO) of US$0.04 per common share for the quarter, signaling a shift toward streamlining operations. Notably, Tiptree Inc. has sold its stake in the company, and Quinn Haselhorst is set to become the new CFO.
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