Invesque Inc. (TSE: IVQ.U) sold a five-property portfolio with a $93 million price tag to The Ensign Group, marking an end to the owner/operator relationship between the two companies.Read More at Skilled Nursing News
The operating environment continues to be a struggle for long-term care providers, despite recent occupancy gains, thanks to widespread labor and staffing shortages — and it will likely remain that way for at least the next one to two years, Invesque executives predicted Thursday.Read More at McKnights Long-Term Care News
Invesque Inc. (TSE: IVQ.U) during its third quarter earnings call highlighted a continued shift to a majority private pay, seniors housing portfolio from when the company first announced its IPO five years ago, diminishing its skilled nursing assets in the process.Read More at Skilled Nursing News
Despite a continuing challenging operating environment in the face of a global pandemic, the senior living industry is better prepared to navigate a rapidly changing environment, Invesque Chairman and CEO Scott White said Thursday.Read More at McKnight's Senior Living
Invesque (TSX: IVQ.U) CEO Scott White believes that occupancy and net operating income for his company’s senior housing operating partners will experience a quick rebound, paced by pent-up demand for senior living.Read More at Senior Housing News
Invesque Inc. (TSE: IVQ.U) on Thursday updated shareholders on its continued separation from Symphony Care Network (SymCare) during its first quarter earnings call, with an intended 50 percent drop in SymCare assets long term.Read More at Skilled Nursing News
Scott White, CEO of Invesque (TSE: IVQ.U), on Thursday added his voice to the chorus of senior living leaders expressing optimism about a recovery taking hold in the sector — but with a dose of caution.Read More at Senior Housing News
Before the pandemic hit last March, few industries seemed better poised for surefire growth than health care real estate, from nursing homes and assisted-living centers to medical office buildings.
After all, the demographic trends powered by aging baby boomers are unstoppable. Between now and 2040, the number of Americans 65 and older is on track to swell from 54 million to 80 million, with the number 85 and older rocketing from 7 million to 15 million, according to the U.S. Census Bureau.Read More at IBJ
The Indiana Chamber of Commerce has released its annual list of Best Places to Work in Indiana. The list contains 125 businesses, ranging from small to major companies.
The chamber says the top companies were determined through employer reports and comprehensive employee surveys.
There are more than 30 newcomers from last year. The chamber says companies have had to adapt to the current climate resulting from the pandemic.
CSL has appointed former COO Earl Parker to the role of CEO as part of a planned succession that was delayed by the pandemic.Read More at Senior Housing News
Chairman and CEO Scott White talks about his leadership philosophy throughout the difficult past year.Read More at Real Leaders
The senior living industry will emerge from the COVID-19 pandemic with a greater appreciation for the value of its care providers and the myriad of unique and necessary services provided in the facility setting, according to Scott White, chairman and CEO of Invesque.Read More at McKnight's Senior Living
The senior living industry faces COVID-19 headwinds that are expected to continue into 2021, but Invesque Chairman and CEO Scott White said he is confident the industry has “figured out how to handle and contain” the virus and is better prepared for future outbreaks.Read More at McKnight's Senior Living
Our Chairman and CEO Scott White talks about the four pillars for a winning workplace culture, and how Invesque’s culture sets us apart.Read More at Real Leaders
Congratulations to Commonwealth Senior Living’s Erika Gennari, Director of Marketing and Communications. Gennari was named McKnight’s Women of Distinction 2020 Rising Star. This award recognizes women who are committed to providing exceptional senior care across the United States.Learn More at McKnight's Senior Living
We are excited to announce that our very own Bryan Hickman and Kari Onweller have each been selected as a 2020 Future Leader by Aging Media Network. This award recognizes high-performing industry leaders who are shaping the next decade of care delivery across the senior housing, skilled nursing, home health and hospice industries.Read More at Aging Media Network
When it comes to portfolio diversification, Invesque Chairman and CEO Scott White said he never anticipated that something like the COVID-19 pandemic would figure into its strengths in geographic diversification.Read More at McKnight's Senior Living
For the third consecutive year, 125 Hoosier companies have been named to the 2020 Best Places to Work in Indiana list. Many of them – 38 in total – are first-time honorees or returning after at least a year’s absence.
Winning companies represent nearly 30 communities across the state. In addition to Indianapolis, locations having multiple winners are Bloomington, Carmel, Chesterton, Evansville, Fishers, Fort Wayne, Greenwood, Hammond and South Bend.Read More at Indiana Chamber
After a whirlwind of acquisition activity in 2019, Invesque (TSX: IVQ U) is winding down the year with an eye on maximizing the value of its expanded senior housing portfolio in 2020 through improved operations, selective paring of assets, and holding options to consolidate most of its portfolio into master leases.Read More at Senior Housing News
Invesque Inc. (TSX: IVQ.U), the Toronto-based real estate investment company formerly known as Mainstreet Health Investments, Inc. announced an agreement Wednesday to acquire Charlottesville, Virginia-based senior housing owner and operator Commonwealth Senior Living and 20 of its properties for $340.4 million.Read More at Senior Housing News
Invesque CEO White on Why It’s ‘Dangerous’ to Worry About Year-to-Year Changes in SNF Space
As real estate investment firm Invesque Inc. (TSX: IVQ.U) continues its diversification plan after a 2016 separation from skilled nursing operator Mainstreet, its CEO insists that the future for the SNF space remains bright.Read More at Skilled Nursing News
Invesque, the real estate investment company headed up by former Mainstreet executives, is continuing to rapidly expand. It has re-located to a new headquarters building in Carmel, Indiana and is planning to add 39 jobs by 2024, as it drives toward a total portfolio in excess of $2 billion.Read More at Senior Housing News
Carmel-based Invesque, a real estate investment company that specializes in health care and senior living, is expanding operations, with plans to add 39 jobs by 2024.Read More at Indianapolis Business Journal
Since going public two years ago, Invesque Inc. (TSX: IVQ.U) — the former Mainstreet Health Investments — had steadily moved to diversify away from the skilled nursing assets that had previously dominated its portfolio. But that doesn’t mean that CEO Scott White has a bearish outlook on institutional care going forward.
Read More at Skilled Nursing News