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

Picked up 10,000 units this week - first time

[EstevanOutsider]

saw 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...

[garyreins]

Welcome to the NWH CLUB.  looks like you're building a diversified REIT portfolio of dream office , artis and tnt. 

[EstevanOutsider]

Diversified yes, but not for the sake of diversity. Every name I am long has a catalyst. From largest to smallest: #1 Plaza REIT #2 Dream Residential #3 H*R REIT #4 Artis REIT #4 European Residential #5 Dream Unlimited (was #1)  #6 Nexus Industrial REIT #7 Morguard Retail REIT #8 NorthWest Healthcare REIT #9 True North REIT I sold Dream Office as I loaded up hard at $16, got out unscathed

[garyreins]

Thats a solid REIT portfolio.  Mine is 1. HR/RIOCAN/ARTIS 2. PRV 3. PMZ 4. NWH 5. D.UN 6. SRU 7. BTB 8. TNT

[incomedreamer11]

Mine is (from biggest to smallest) 1.HOM.UN 2.HR.UN 3.AP.UN 4.SRU.UN 5.MI.UN 6.GRT.UN 7.IIP.UN 8.ERE,UN 9.REI.UN 10.NWH.UN All REITs about 20%  of total portfolio, 

[TimeBuilder1]

Gary = Noted: Our REIT  investments recapped From largest to smallest:  No selling just collecting the Distributions ;>O #1 CSH.UN Early High Today $ 14.94 Large Green  #2 IIP.UN Large GREEN #3 CHE.UN #4 AD.UN ( 2 accounts ) Large GREEN # 1 #5 HR.UN #6 RPI.UN #7 BTB.UN Early High Today $ 3.40 #8 AX.UN #9 FCR.UN Early High Today $ 18.09 #10 NWH.UN #11 PMZ.UN # 12