Entering text into the input field will update the search result below

I Am A 'FearLeader' For Senior Housing Properties


  • Risk #1: High concentration with Five Star.
  • Risk #2: Office.
  • Risk #3: The balance sheet.
  • Risk #4: No dividend growth.
  • Don't be too greedy.

In case you missed it, I wrote a detailed article on an externally managed REIT, Government Properties Income Trust (GOV), yesterday in which I explained:

"I can assure you that I am extremely discriminating when it comes to recommendations and hopefully the message is clear. My article today is one such example, and I can assure you that I am no cheerleader for Government Properties Income Trust."

As much as we like REITs, we are highly disciplined with our approach and we're always lending a critical eye to each and every company we research.

In other words, the purpose for the countless hours I spend writing on REITs is not just to slap BUY-BUY-BUY on every REIT, but instead to take a cautious approach hoping to lead investors to the safest names that will outperform in good times and bad.

Yesterday someone asked me what I meant by the term "cheerleader" and I decided to "google" the opposite of cheerleader and I found this:

"I thought of a new name for this type of presence that people can have in others' lives and "fearleaders" to me pretty much captured it. "Fearleaders" are people who through their support and attempts at encouragement end up tapping into people's fears, which then becomes their basis for action."

Bingo! A new name, and while Webster doesn't authenticate it, I decided I would use it in my article to suggest exactly what I am trying to communicate, that is that "I am a fearleader for Senior Housing Properties".

A picture containing person, indoor, wall Description generated with very high confidence

An Externally-Managed Healthcare REIT

Senior Housing Properties Trust (SNH) was founded in 1986 and commenced as a public REIT on September 17, 1999. With more than 19 years of public history, SNH has evolved into a $7.5 billion diversified healthcare REIT with 440 properties in 43 states and Washington D.C.

We have published (exclusively for Marketplace subscribers) the all-new KISS REIT portfolio, including our recommendations and highly sought-after Rhino REIT Ratings. In addition, we have all portfolios updated in real-time and other leading REIT metrics.

REITs should be part of your daily diet and we would like to help you construct an Intelligent REIT portfolio, utilizing our portfolio modeling strategies.

The Intelligent REIT Investor is the #1 REIT Research site on Seeking Alpha. Brad Thomas and Rubicon Associates have a combined 40 years of investing experience. We publish exclusive research content on over 100 REITs, and our Durable Income Portfolio has returned over 12% YTD. We recently announced that the Small Cap REIT Portfolio has returned over 20% YTD.

Our service includes weekly property sector updates and weekly Buy/Sell picks. We provide most all research to marketplace subscribers and we also provide a “weekender” report and a “motivational Monday” report. We stream relevant real-time REIT news so that you can stay informed.

There is absolutely no reason to chase yield; let us do all of the heavy-lifting so you can "sleep well at night." Subscribe here.

This article was written by

Brad Thomas profile picture
Leader of iREIT on Alpha
The #1 Service For Safe and Reliable REIT Income

Brad Thomas is the CEO of Wide Moat Research ("WMR"), a subscription-based publisher of financial information, serving over 100,000 investors around the world. WMR has a team of experienced multi-disciplined analysts covering all dividend categories, including REITs, MLPs, BDCs, and traditional C-Corps.

The WMR brands include: (1) iREIT on Alpha (Seeking Alpha), and (2) The Dividend Kings (Seeking Alpha), and (3) Wide Moat Research. He is also the editor of The Forbes Real Estate Investor

Thomas has also been featured in Barron's, Forbes Magazine, Kiplinger’s, US News & World Report, Money, NPR, Institutional Investor, GlobeStreet, CNN, Newsmax, and Fox. 

He is the #1 contributing analyst on Seeking Alpha in 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022 (based on page views) and has over 108,000 followers (on Seeking Alpha). Thomas is also the author of The Intelligent REIT Investor Guide (Wiley) and is writing a new book, REITs For Dummies. 

Thomas received a Bachelor of Science degree in Business/Economics from Presbyterian College and he is married with 5 wonderful kids. He has over 30 years of real estate investing experience and is one of the most prolific writers on Seeking Alpha. To learn more about Brad visit HERE.

Analyst’s Disclosure: I am/we are long ACC, AHP, APTS, ARI, BRX, BXMT, CCI, CHCT, CIO, CLDT, CONE, CORR, CUBE, DDR, DEA, DLR, DOC, EPR, EXR, FPI, FRT, GEO, GMRE, GPT, HASI, HTA, INN, IRET, IRM, JCAP, KIM, LADR, LAND, LMRK, LTC, MNR, NXRT, O, OFC, OHI, OUT, PEB, PEI, PK, PSB, QTS, REG, RHP, ROIC, SBRA, SKT, SPG, STAG, STOR, TCO, UBA, UMH, UNIT, VER, VTR, WPC. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.