1 REIT Stock to Buy Before 2021
When we look back, 2020 will go down as the year dominated by the coronavirus. However, 2021 is likely to be the year that we defeat that scourge, assuming that the current vaccines work as hoped. If that comes to pass, then monthly dividend payer LTC Properties (NYSE: LTC) could be a good choice for investors, assuming you get in before things start to materially improve for senior housing real estate investment trusts (REITs).
Healthcare real estate investment trust LTC owns 73 skilled nursing facilities and 107 assisted living homes. Skilled nursing accounted for roughly 57% of the company's rent roll, with assisted living virtually all of the rest. Senior housing has not been a great sector in 2020 given the impact of the coronavirus.
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Source Fool.com