RE:A good industry going thru a tough time, which will passGood analysis. If you want to be in the REIT space at all, this sector looks one of the best bets. Apartment and industrial look expensive and with lower yields (in general), whereas retail and office may well be the opposite, but seem quite high risk. Sienna is basically an apartment REIT for seniors with a retail yield - yes, there is some short-term noise that's virus-related, but the whole thing is underpinned by govt support and inarguable long-term demographics. The barriers to entry are probably higher than they were a year ago as well.
For these reasons, this is a core holding for me. I also like Chartwell, but the risk/reward has me on the sidelines at present, even though it's mainly retirement and not LTC, so it's lower risk. I'm waiting for Chartwell to hit $9.50 before jumping in. I can see 30-50% upside on current SP of both over the next 12-18 months.