• Alex Pettee, CFA

Healthcare REITs: Back On Life Support

  • The United States healthcare system has taken center-stage amid the coronavirus outbreak. Healthcare REITs have been on a roller-coaster ride amid evolving forecasts of the severity of the pandemic.

  • Healthcare REITs were slammed during the early-onset of the outbreak but have recovered in recent weeks as death rate estimates have, thankfully, been revised drastically lower from early catastrophic figures.

  • While likely less devastating on underlying demographics than once feared, no healthcare real estate sector is immune from the significant near-term and long-term effects of the pandemic.

  • For senior housing, skilled nursing, and hospital REITs already dealing with soft underlying fundamentals, the pandemic will put a sizable dent in near-term demand and drive significantly higher expense growth.

  • The positive long-term outlook for senior housing remains intact as the long-awaited demographic-driven demand boom is finally arriving. Behaviors and attitudes towards senior housing and telemedicine, however, shouldn't be overlooked.

To continue reading, click here to visit Seeking Alpha!

Glass Buildings

Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

apartment REITs
homebuilders ETFs
single family rental REITs
manufactured housing REITs
student housing REITs
data center REITs
Cell tower REITs
net lease REITs
industrial REITs
storage REITs
office REITs
mall REITs
REIT Preferreds and Bonds
hotel REITs
Timber REITs
healthcare REITs
REIT ETFs
Billboard REITs
shopping center REIT
High-Yield Real Estate ETFs
Real Estate CEFs
Casino REITs
cannabis REITs
prison REITs
mortgage REITs
real estate crowdfunding
REIT Portfolio Strategy
REITs Taxes
1/1
HOMZ_Logo_Just Ticker.png
ETF express.png

Explore our Real Estate Indexes

The Easy Way To Invest in Real Estate

REIT Forum HOYA AD.png