Toronto, November 29, 2017 - Mainstreet Health Investments Inc. (which intends to change its name to Invesque Inc.) (TSX:HLP.U) (the "Company") announced today it has closed the previously announced acquisition of three state-of-the-art post-acute transitional care facilities (collectively, the "Properties") from Mainstreet Property Group, LLC ("MPG") for a price of US$68.0 million.
Toronto, November 20, 2017 - Mainstreet Health Investments Inc. (TSX: HLP-U) ("Mainstreet" or the "Company") has announced the intention to rebrand as Invesque Inc. The rebranding coincides with the recent announcement by the Company of the acquisition of Care Investment Trust, LLC. The new brand will complement the Company's growth strategy, while establishing a unique identity to avoid confusion with other companies with similar names.
Toronto, November 17, 2017 - Mainstreet Health Investments (TSX: HLP-U) ("Mainstreet" or the "Company") today announced that it has entered into definitive agreements with Tiptree Inc. (NASDAQ: TIPT) ("Tiptree") and certain subsidiaries, to acquire Care Investment Trust LLC ("CareIT") (the "Transaction") for an aggregate purchase price of approximately US$425 million (the "Consideration"). CareIT owns a portfolio of 42 seniors housing and care properties comprising 3,718 suites/beds in attractive markets across the United States (the "Portfolio"). Furthermore, Mainstreet intends to change its operating name to Invesque Inc., which will provide the Company with a unique and recognizable name.
Toronto, November 15, 2017 - Mainstreet Health Investments Inc. (TSX:HLP.U) announced today a cash dividend in the amount of US$.06139 per common share for the period from November 1, 2017 to November 30, 2017. The dividend will be payable on December 15, 2017 to shareholders of record as of November 30, 2017.
Toronto, November 6, 2017 - Mainstreet Health Investments Inc. (TSX: HLP.U) (the "Company") today announced its results for the three and nine months ended September 30, 2017.
Toronto, November 2, 2017 - Mainstreet Health Investments Inc. (TSX:HLP.U) (the "Company") announced today it has entered into a definitive agreement to acquire three state-of-the-art post-acute transitional care facilities (collectively, the "Properties") from Mainstreet Property Group, LLC ("MPG") for a price of approximately US$67.0 million. The Company has the right to acquire the properties as a result of the mezzanine debt investments made pursuant to its development agreement with MPG.
Toronto, October 23, 2017 - Mainstreet Health Investments Inc. (the "Company") (TSX: HLP.U) will release its fiscal 2017 third quarter results on Monday, November 6, 2017 before markets open. Management of the Company will hold a conference call at 3:00 p.m. ET on Monday, November 6, 2017 to review the financial results.
Toronto, October 17, 2017 - Mainstreet Health Investments Inc. (TSX:HLP.U) announced today a cash dividend in the amount of US$.06139 per common share for the period from October 1, 2017 to October 31, 2017. The dividend will be payable on November 15, 2017 to shareholders of record as of October 31, 2017.
Toronto, Ontario, September 20, 2017 - Mainstreet Health Investments Inc. (TSX: HLP-U) ("Mainstreet" or the "Company") is excited to announce that Adlai Chester is rejoining the management team as the Chief Investment Officer. Adlai was instrumental in the launch of the Company, holding the position of Chief Executive Officer until January of 2017.
Toronto, Ontario, September 19, 2017 - Mainstreet Health Investments Inc. (TSX: HLP-U) ("Mainstreet" or the "Company") announced today that former President-Seniors Housing and Post Acute of Welltower Inc. (NYSE:HCN), Charles "Chuck" Herman has been appointed to its Board of Directors. Chuck is highly regarded in the industry, with a successful career spanning 30 years in healthcare real estate.