Sienna Senior Living Inc T.SIA

This will pop back up

[traderlong2]

The drop was basically one seller today
fund ?

22 Fidelity

0

114,000

1,291,565

11.33

-114,000

1,291,565

Sienna Senior Living

Niagara Falls
Retirement Residence Q4 2023 150 $55.0M(1) 7.5%

Brantford
Campus of Care Q4 2025 160 / 147 $140.0M 8.0%

North Bay
LTC Redevelopment Q4 2025 160 $80.0M 7.5%
Total 470 / 147 $275.0M

[Mirko22]

People are realizing that interest wlll  come down but not rapidly.If e%conomy cools off , REITS (sia) will have to pay much higher for loans. It will take few years for interest to come down to 2 %. This is not space to be during high interest rates.

[flamingogold]

Rates should slowly start to retrace next year but they are never going back to 2% that is for sure.

[traderlong2]

Fidelity is the only reason sia is down so much Mon/Tues last 2 trading days they dumped almost 2 million dollars worth My guess just a fund pulling out not sure what they found that was worth the swap 8  plus divy yield almost at its lows to sell that big block 87% pay out way better than our peers last Q company being well run imo I added a bunch more GLTA we get paid on friday and should

[traderlong2]

Only the top 2 hold the amount sold in the last 2 days if its the second on the list they are out after the amount just sold  173,076   Major Holders Currency in CAD Breakdown 0.41% % of Shares Held by All Insider 13.98% % of Shares Held by Institutions

[newcoin]

SIA is not a REIT. Not a REIT. SIA is NOT a REIT.

[Mirko22]

my bad

[newcoin]

Chartwell is a REIT, so it gets confusing.

[traderlong2]

IMO only one reason we are down at this price another 1.4 million worth today sold by fildelity they must almost be done and when they are it will pop back up total sales since monday 22 Fidelity 0   293,536 3,302,838 11.252 -293,536 3,302,838