GREY:HREIF - Post by User
Post by
retiredcfon Sep 25, 2013 7:41am
265 Views
Post# 21765421
Analyst Comment
Analyst CommentMid point of the clip. GLTA
https://watch.bnn.ca/#clip1010174
| HLP.UN-T |
|
2013-09-24 |
Derek Warren |
They own senior care homes, but on a triple net lease structure. They don’t have the risk of operating the buildings. They just own the building and lease it to someone else who manages the operation. Mostly in the US, in the Chicago, Illinois area. Feels it is trading a little bit above NAV, but it gives you a very good yield. The 8.25% yield is very safe.
  /
|
Price:
$10.310
Subject:
REIT's
Bias:
BULLISH on REITs
Owned:
Unk |