Invesque (OTC) ( (MHIVF) ) has released its Q3 earnings. Here is a breakdown of the information Invesque (OTC) presented to its investors.
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Invesque Inc. is a North American healthcare real estate company that invests in income-generating senior housing communities, focusing on independent living, assisted living, and memory care facilities. The company recently reported its third-quarter 2025 financial results, highlighting significant asset sales and debt reduction efforts.
During the third quarter of 2025, Invesque completed the sale of 15 assets, including senior housing and memory care facilities, generating proceeds used to repay $67.2 million in property-level mortgages and $35.0 million of the KeyBank corporate credit facility. The company also refinanced $54.0 million of joint venture property-level mortgages, enhancing financial flexibility.
Financially, Invesque reported a net loss of $33.2 million for the quarter, with revenue dropping to $6.6 million from $42.4 million in the same period last year. Funds from operations (FFO) and adjusted funds from operations (AFFO) also declined, reflecting the impact of asset sales and ongoing strategic repositioning.
Looking ahead, Invesque’s management remains focused on executing its disposition and de-leveraging strategy, with additional asset sales planned before year-end. The company aims to stabilize operations and improve financial performance by reducing debt and enhancing portfolio quality.