Invesque has taken further steps toward accomplishing its long-term portfolio plan of shifting toward private-pay senior living and away from skilled nursing, Senior Housing News reports.
Approximately 35% of its current pro forma net operating income comes from skilled nursing, executives with Invesque said on the company’s Q3 2021 earnings call. That’s a drop from the 75% mark at the time of the company’s IPO back in 2016.
In keeping with the long-term goal, Invesque announced the closure of a series of transactions that netted the company more than $20 million. Read more.