Invesque completed its acquisition of Commonwealth Senior Living for $340m.

Invesque, a publicly traded investment company focused on acquiring income producing healthcare real estate, completed its acquisition of Commonwealth Senior Living, a developer, owner, and operator of senior living communities, for $340m. “We are thrilled to partner with Commonwealth and acquire this attractive portfolio of seniors housing properties. We have long believed alignment is the key to a successful partnership, and the Commonwealth acquisition allows us to vertically integrate with a leading regional operator. Furthermore, this transaction positions our portfolio well as we continue our focus on creating a diversified healthcare real estate company. Following this acquisition, we will have a larger and stronger platform to finance growth and take advantage of market fragmentation in the healthcare industry to create value for our shareholders,” Scott White, Invesque CEO and Chairman of the Board of Directors.