SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Clarke who wrote (8734)10/29/1999 7:03:00 PM
From: Robert Hoefer  Read Replies (1) of 78627
 
I understand why SNH is so tempting, with its extremely high yield, but after reading the prospectus (available on the company website in .pdf format) I decided to pass. With a number of its renters in deep financial trouble, the yield is probably an illusion. The other half of the spinoff, HRP at less than $9.50, has a great, though not as high, yield, and much better tenants: Government, big companies like McDonalds and Federal Express. Average office lease runs 7 years. And HRP was beaten down just like SNH after the split, just the opposite of what you would think would happen. So I think it's the better REIT of the two for an aggressive but prudent investor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News