- CEO
- Adlai Chester
- Full Time Employees
- 1,448
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- 333 Bay Street Toronto ON Canada M5H 2S7
- IPO Date
- Sep 20, 2019
- Business
- Invesque Inc. Invesque Inc. (TSX: IVQ) operates as a health care real estate investment company focused on acquiring, owning, and managing income-producing properties across North America, primarily in the seniors housing and care sectors. The company's portfolio includes independent living, assisted living, memory care, and owner-occupied seniors housing properties; skilled nursing facilities; transitional care properties; medical office buildings; and complementary health care assets such as free-standing emergency rooms, ambulatory surgery centers, and urgent care centers, often structured through long-term triple-net leases with leading operators and minimal capital expenses. Founded in 2007 and headquartered in Vancouver, British Columbia, Canada, Invesque targets private-pay senior living markets in the United States and Canada, with approximately 1,900 employees and operations emphasizing stable cash flows from master lease agreements averaging 11 to 13 years.
Invesque maintains long-standing partnerships with prominent health care operators and delivers management services through subsidiaries like Senior Living LLC for owner-operated properties. In recent developments, the company executed a strategic overhaul, divesting 32 non-core assets totaling $423.1 million between 2024 and 2025, including the $222 million sale of 20 private-pay senior living communities and Commonwealth Assisted Living LLC in June 2025, which eliminated $222 million in mortgage debt and $58.6 million in preferred equity; this culminated in the August 2025 disposition of its remaining two skilled nursing facilities in Illinois and full repayment of the KeyBank credit facility. Additionally, in April 2024, a company controlled by CFO Adlai Chester acquired 16.98 million shares from Tiptree units for $625,000, increasing aligned ownership to approximately 30.6% and exiting Tiptree's position. These moves enhance capital efficiency, reduce leverage, and position Invesque for focused growth in high-quality seniors housing investments.