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Invesque ( (TSE:IVQ) ) has issued an announcement.
Invesque Inc. has accelerated its portfolio restructuring by disposing of nine properties in December, including four U.S. seniors housing assets sold for US$57 million, a medical office building in New York sold for US$4.1 million, and its only Canadian retirement home investment, which generated CAD$31 million of net equity. The company is using proceeds from a year of heavy asset sales—46 assets sold for more than US$550 million and roughly US$510 million of debt repaid—to redeem in early 2026 all US$27.3 million of its 9.75% unsecured subordinated debentures, a move that further deleverages its balance sheet and leaves Invesque with a streamlined portfolio of seven senior housing communities across four U.S. states.
The most recent analyst rating on (TSE:IVQ) stock is a Hold with a C$0.11 price target. To see the full list of analyst forecasts on Invesque stock, see the TSE:IVQ Stock Forecast page.
Spark’s Take on TSE:IVQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:IVQ is a Neutral.
Invesque’s overall stock score is primarily impacted by its weak financial performance and unattractive valuation. The technical analysis indicates bearish momentum, further contributing to the low score. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on TSE:IVQ stock, click here.
More about Invesque
Invesque Inc. is a North American health care real estate company focused on income-generating, private pay seniors housing communities. Its portfolio spans independent living, assisted living and memory care properties, including both joint venture arrangements with leading operators and owner-occupied seniors housing in which it controls the real estate and licensed operations, aiming to benefit from aging demographic trends across the United States and Canada.
YTD Price Performance: -8.33%
Average Trading Volume: 36,299
Technical Sentiment Signal: Sell
Current Market Cap: C$100.5M
See more data about IVQ stock on TipRanks’ Stock Analysis page.