Invesque gets $80 million credit facility led by People's United Bank

By Sarah Lizee

Olympia, Wash., July 11 – Invesque, Inc. got an $80 million senior secured credit facility led by People's United Bank, NA’s healthcare finance and capital markets divisions, according to a press release.

The facility will be used to refinance existing debt associated with the four senior living facilities in Eastern Pennsylvania and Southern New Jersey. The properties are owned via a joint venture agreement between Invesque and Heritage Senior Living.

Invesque is a Toronto-based health care real estate company.

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