Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

BRIEF-Invesque Reports Q2 2019 Results And Announces Transition Of Majority Of Its Greenfield Portfolio To Commonwealth Senior Living

Published 2019-08-14, 05:12 p/m
Updated 2019-08-14, 05:20 p/m
© Reuters.  BRIEF-Invesque Reports Q2 2019 Results And Announces Transition Of Majority Of Its Greenfield Portfolio To Commonwealth Senior Living

© Reuters. BRIEF-Invesque Reports Q2 2019 Results And Announces Transition Of Majority Of Its Greenfield Portfolio To Commonwealth Senior Living

Aug 14 (Reuters) - Invesque Inc IVQu.TO :

* INVESQUE INC. REPORTS SECOND QUARTER 2019 RESULTS AND ANNOUNCES TRANSITION OF MAJORITY OF ITS GREENFIELD PORTFOLIO TO COMMONWEALTH SENIOR LIVING TO CREATE A LEADING OPERATOR OF SENIORS HOUSING IN THE MID-ATLANTIC

* INVESQUE INC - PLAN TO TRANSITION ALL 13 OF ITS ASSETS CURRENTLY OPERATED BY AFFILIATES OF GREENFIELD SENIOR LIVING

* INVESQUE INC - WILL ACQUIRE 100% OF GREENFIELD'S INTERESTS IN COMPANY-OWNED PORTFOLIOS AND ITS ASSOCIATED LEASEHOLD INTERESTS

* INVESQUE INC - ESTIMATES THAT TRANSITION WILL PROVIDE FOR UP TO US$2.5 MILLION IN ADDITIONAL ANNUAL NOI TO INVESQUE

* INVESQUE INC - TRANSITION IS EXPECTED TO BE US$0.03-US$0.04 ACCRETIVE TO 2020 ADJUSTED FUNDS FROM OPERATIONS

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.