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Get Real: REIT Offerings
Did you know there are 10,000 baby boomers reaching retirement age every day? Maybe your parents or grandparents are among them. When people get older they often need to see doctors more frequently and live in places that are equipped to care for their needs. We want to see older folks cared for in the best possible way, and through their facilities and partnerships with management companies Senior Housing Property Trust does a really good job at this.
Senior Housing Property Trust (SNH) is a large REIT that is very active in the medical real estate sector. They own independent and and assisted living communities, skilled nursing facilities, medical and medical related office buildings, clinics and biotech laboratories and wellness centers throughout the United States.
They own almost $9 billion worth of real estate consisting of 444 properties.
None of us is getting any younger-and a few gray hairs maybe won’t seem so bad as you receive that 8.91% annual dividend they are offering.
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