TORONTO, Dec. 24, 2025 – Invesque Inc. (the “Company” or “Invesque“) (TSX: IVQ, TSX: IVQ.U) today announced it has sold nine assets in the past 15 days and is providing notice of its intention to redeem the entire US$27.3 million principal amount of its debentures in early 2026.
On December 11, 2025, the Company sold a portfolio of four seniors housing assets for US$57.0 million. Situated in New Jersey and Pennsylvania, these properties were previously part of a joint venture and managed by Heritage Senior Living, one of the Company’s preferred operating partners.
On December 18, 2025, the Company sold a medical office building in Camillus, New York for US$4.1 million.
On December 23, 2025, the Company sold its interests in four seniors housing communities in Canada, resulting in net equity of CAD$31.0 million. This portfolio represented the Company’s only retirement home investment in Canada.
Today, the Company provided formal notice to the registered holder of its 9.75% unsecured subordinated debentures due December 30, 2027 (the “9.75% Debentures“) that it will fully redeem all outstanding 9.75% Debentures. The 9.75% Debentures will be redeemed on January 23, 2026 (the “Redemption Date“) at a price equal to 100% of the principal amount plus accrued and unpaid interest up to—but not including—the Redemption Date.
“In 2025, our team completed the sale of 46 assets for more than US$550 million and repaid approximately US$510.0 million of debt (including preferred equity redemptions). Our management team and board of directors have determined that using additional excess cash to redeem the 9.75% Debentures is the best way to further reduce the Company’s leverage,” commented Adlai Chester, Chief Executive Officer of the Company. “As of today, our real estate portfolio consists of seven senior housing communities located in four U.S. states.”
About Invesque
Invesque is a North American healthcare real estate company whose investment strategy is grounded in the premise that North America’s aging demographic will continue to use healthcare services in a growing proportion relative to the overall economy. The Company currently capitalizes on this opportunity by investing in a portfolio of income-generating, private-pay seniors housing communities. Invesque’s portfolio includes investments in independent living, assisted living, and memory care communities, which are operated through joint venture arrangements with industry-leading operating partners. The portfolio also features owner-occupied seniors housing properties where Invesque owns the real estate and the licensed operations.
Forward-Looking Information
This press release contains forward-looking information and/or statements (“forward-looking statements”) that reflect management’s current expectations and plans for the future, including—but not limited to—statements regarding the redemption of the 9.75% Debentures. Forward-looking information is typically identified by terms such as “anticipate,” “believe,” “continue,” “expect,” “expectations,” “forecast,” “may,” “plan,” “pro forma,” “project,” “should,” “will,” and other similar expressions that do not relate solely to historical matters and suggest future outcomes or events. Readers should not place undue reliance on forward-looking statements, which may not be appropriate for other purposes. Forward-looking information is generally based on a number of assumptions, opinions, and estimates—including the Company’s intention to redeem the outstanding debentures. While the Company considers these assumptions, opinions, and estimates appropriate and reasonable as of the date of this press release (given the time period for such projections and targets), they are subject to known and unknown risks, uncertainties, and other factors that could cause actual results, activity levels, performance, or achievements to differ materially from those expressed or implied by the forward-looking information. Such risks and uncertainties include—but are not limited to—the Company’s inability to repay the outstanding debentures or return capital to shareholders due to a lack of available funds or other factors, as well as the risks described in the Company’s current annual information form and management’s discussion and analysis (available on the Company’s profile on SEDAR+). These risks may depend on market factors beyond the Company’s control. Forward-looking statements reflect the Company’s current expectations as of the date of this press release and speak only as of that date. There is no guarantee that forward-looking statements will prove accurate, as actual outcomes and results may differ materially. Readers are cautioned not to overrely on these statements, which are provided as of the date hereof and may not be suitable for other uses. Except as required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether due to new information, future events, or otherwise. All forward-looking statements in this press release are expressly qualified by this cautionary statement.
SOURCE Invesque Inc.