Is Ventas a Buy?
It would be an understatement to say that the COVID-19 pandemic has altered the world as we know it. At the center of the storm is Ventas (NYSE: VTR), a real estate investment trust (REIT) that owns things like senior housing properties. The stock is roughly 45% below its highs for the year at this point.
But this landlord has something going for it even in these dire times. Here's why long-term investors might want to look at Ventas, even though it is struggling right now.
Ventas is one of the largest and most diversified healthcare-focused real estate investment trusts. It owns three main types of properties: senior housing, medical offices, and medical research facilities. Senior housing is broken into two different categories: properties the REIT leases to others, and properties it manages itself (though it hires operators to handle the day-to-day work), known as a senior housing operated portfolio, or SHOP, in the industry.
Source Fool.com
