TSX:NWH.DB.G - Post by User
Post by
EstevanOutsideron Sep 07, 2024 2:54am
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Post# 36212916
Picked up 10,000 units this week - first time
Picked up 10,000 units this week - first timesaw jamie murray's pitch for it and did more research.
reit out of favor because of distribution cut and "high payout."
payout expected to fall into the low 80s in the coming quarters as debt leverage comes down
indexed rent to inflation, 85% of all leases.
irreplaceable medical locations.
around ~$250 psf, high implied cap rate.
able to sell at low cap rates
basically a comparable setup to nexus a few months ago, where investors thought the distribution might be cut but the payout went down and NOI went up instead.
think NWH can attract dividend seeking investors as rates tank. people love healthcare...