Scott Higgs to
Step Down as Chief Financial Officer
TORONTO, July 13,
2023 /CNW/ - Invesque Inc. (TSX: IVQ.U) and (TSX:
IVQ) (the "Company" or "Invesque") today announced
that Adlai Chester will assume the
Chief Financial Officer role in addition to leading the Company's
investment group. Adlai Chester has
more than 20 years of finance, real estate, investment,
development, and capital markets experience, and has positioned
himself as a leader in the health care real estate industry. Prior
to his current role at Invesque, he served as Chief Financial
Officer of HealthLease Properties. Scott Higgs, the current
Chief Financial Officer of the Company, will resign effective
August 1, 2023, to pursue other
interests. He will remain on as a consultant until year-end.
"I would like to personally thank Scott
Higgs for his contribution to Invesque. Since our inception,
he has been a critical part of our Company and we wish him nothing
but the best in his future endeavors," commented Scott White, Chairman and Chief Executive
Officer. Scott White further noted,
"Adlai's strong leadership skills, significant finance background,
and previous CFO experience, makes him an obvious fit to assume
this role. I am confident our Company is headed in a positive
direction, and we are very excited about the future."
About Invesque
The Company 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. The
Company'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. The Company's portfolio also
includes investments in owner-occupied seniors housing properties
in which the Company owns the real estate, the licensed operations,
and provides management services through Commonwealth Senior
Living, LLC, a Delaware limited
liability company. For more information, please visit
www.invesque.com.
SOURCE Invesque Inc.
