Senior Housing Properties Trust: It's Fallen, Can It Get Back Up?
- Senior housing is an attractive secular investment theme that may take a long time to play out.
- The industry dynamics are changing benefiting REITs focused on specific asset classes in certain regions.
- SNH has underperformed the healthcare REIT peers and will have to make some changes to succeed.
- In the short-term, however, the best healthcare REIT investments may not be in senior housing.