Invesque Procures Credit Facility from People’s United Bank

People’s United Bank’s Healthcare Finance and Capital Markets Divisions led the way in arranging an $80 million senior secured credit facility for Invesque, Inc. to refinance existing debt associated with four senior living communities in eastern Pennsylvania and southern New Jersey owned in a joint venture with Heritage Senior Living. So far this year, Invesque […]

Invesque Expands with Virginia Acquisition

Toronto, Canada-based Invesque (TSX: IVQ) announced it has entered into an agreement to purchase 20 assisted living and memory care communities from Commonwealth Senior Living for $340.4 million, or about $236,400 per unit. All but one of the communities are in Virginia, with one in Pennsylvania. Of the total units, 863 are assisted living, 486 […]

Greystone Real Estate Advisors Gets It Done

Mike Garbers and Cody Tremper of Greystone Real Estate Advisors just announced a slew of transactions that closed at the end of 2017, advising the seller in each deal. First, the pair closed the sale of a 38-unit/66-bed memory care community in Tulsa, Oklahoma. A private equity group sold the community to a joint venture […]