05-19-2016, 11:09 PM
Allright, I don't know if this is exactly the right crowd, but people who appreciate yield will certainly appreciate these names.
With skilled nursing facilities numbered less than in prior years, and more Americans getting older, this seems to be a pretty good opportunity here.
I think the big fear right now is that payment changes will hurt revenues, but the need is there, so these businesses will probably hustle to make money. I think larger contracts are being replaced by payment per visit or something like that.
I've been nibbling OHI for years and more recently have fleshed out a large position in CCP as well.
The CEO comes from Ventas with a lot of time and expertise in the field.
Does anyone have any high level/educated thoughts here? We're talking about old school REIT yields...9% on CCP right now.
With skilled nursing facilities numbered less than in prior years, and more Americans getting older, this seems to be a pretty good opportunity here.
I think the big fear right now is that payment changes will hurt revenues, but the need is there, so these businesses will probably hustle to make money. I think larger contracts are being replaced by payment per visit or something like that.
I've been nibbling OHI for years and more recently have fleshed out a large position in CCP as well.
The CEO comes from Ventas with a lot of time and expertise in the field.
Does anyone have any high level/educated thoughts here? We're talking about old school REIT yields...9% on CCP right now.