NorthWest Healthcare Properties Real Estate Invest 10 Convert Sub Debentures 31 March 2025 T.NWH.DB.G

Why is NWH doing THIS bad?

[SNAKEYBOY]

Debt 46%, long term lease for 14 years, and not economically sensitive.  I sold some other reits to add a bit more here

[Martincat]

For many reasons SNAKEYBOY....Such as mkt trend and momentum....Rising interest rates and more hikes possible near term.....Investors fleeing equities to fixed income....Gics, bonds becoming a more compelling investment for the time being.....Lots of media noise about an imminent world recession...The Ukraine conflict.....and so on....But the NWH`s of this world are opened and operating as usual

[SNAKEYBOY]

thats my point, healthcare is a safe haven in global depression, government funded.  it should be doing better than the average reit, not worse

[Boreal]

Take a look at this for an analysis why:  https://seekingalpha.com/article/4533840-northwest-healthcare-stock-keep-your-eye-on-that-leverage 

[SNAKEYBOY]

Well NWH never did seem to run things optimally.....they are there to generate fees for their management partner.  That being said, every REIT plunged just as bad but was expecting NWH to be a little less due to its non-economic sensitive nature as I pointed out

[Coolson]

To understand why try to look through the FX risks and what is going on on the market. NWH was always very sensitive if you run the sensitivity analysis to the exchange rates. Stronger USD dollar and relation between sourced capital and base currency. Also, in general inflation above what nwh pays and future money borrowing perspective. Cheers