Stock price when the opinion was issued
Has done very well and has a very good dividend. He likes the company. Although it is not cheap, it is still a good source of yield. You also have the demographic support of an aging population. It is small enough that as it does acquisitions, 1 or 2 buildings moves the needle, whereas in a larger entity, it is less so.
Relatively new IPO and came off with the market. It is a small portfolio of less than 10 properties. You have to look at operating platform and management. Focus needs to be to build out the platform. There have been no quarterly results yet. Thinks you will get a good yield if you hang on.