Invesque Inc. Completes Disposition of Remaining Skilled Nursing Facilities and Fully Repays KeyBank Credit Facility

TORONTO, Aug. 18, 2025 /CNW/ - Invesque Inc. (the "Company" or "Invesque") (TSX: IVQ) (TSX: IVQ.U) announced today that on August 15, 2025, the Company sold its two remaining skilled nursing facilities in Illinois (the "Transaction") which were previously leased via a long-term, triple-net lease that included a tenant purchase option.  

Proceeds from the Transaction allowed the Company to fully repay the KeyBank credit facility. With this payoff, the Company now has two unencumbered assets that were previously secured by the credit facility, providing additional financial flexibility. Following the completion of the Transaction, the Company's real estate portfolio includes 19 assets in eight US states and one Canadian province.

"Closing on the sale of our remaining skilled nursing facilities and fully paying off the KeyBank credit facility represents significant progress for Invesque," noted Quinn Haselhorst, Chief Financial Officer of the Company. "This Transaction and corresponding payoff continues our de-levering strategy and provides us a great deal of flexibility going forward.".

 About Invesque

Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic in North America will continue to utilize health care services in growing proportion to the overall economy. The Company currently capitalizes on this opportunity by investing in a portfolio of income-generating, predominantly private pay seniors housing communities. Invesque's portfolio includes investments primarily in independent living, assisted living, and memory care, which are operated under long-term leases and joint venture arrangements with industry-leading operating partners. Invesque's portfolio also includes investments in owner-occupied seniors housing properties in which Invesque owns the real estate, and the licensed operations.

 Forward-Looking Information

This press release contains certain forward-looking information and/or statements ("forward-looking statements"), that reflect and are provided for the purpose of presenting information about management's current expectations and plans relating to the future, including, without limitation, statements regarding the future  repayment of the outstanding debentures and return of capital to shareholders. 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 and are cautioned that forward-looking statements may not be appropriate for other purposes. Forward-looking information is generally based on a number of assumptions, opinions, and estimates. While these assumptions, opinions, and estimates are considered by the Company to be appropriate and reasonable in the circumstances as of the date of this press release and given the time period for such projections and targets, they are subject to a number of known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the inability of the Company to repay the outstanding debentures and return capital to its shareholders due to the 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+ at www.sedarplus.ca., which risks may be dependent on market factors and not entirely within the Company's control. These forward-looking statements reflect current expectations of the Company as of the date of this press release and speak only as of the date of this press release. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers are cautioned not to place undue reliance on any such forward-looking statements, which are given as of the date hereof, and not to use such forward-looking statements for anything other than the intended purpose. Further, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward- looking statements contained in this press release are expressly qualified by this cautionary statement.

SOURCE Invesque Inc.

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