The number of people over 65 is effectively going to double within the next 20-25 years. If so there is going to be a lot more demand for seniors housing. The concern is that there is a bit of an increase in supply in anticipation of the aging population, which has had a negative impact on the fundamentals. The US seniors housing business tends to be a lot more regulated than the Canadian. He prefers companies like Chartwell (CSH.UN-T) and thinks the supply fundamentals are more favourable in Canada.
Senior Housing Properties Trust is a American stock, trading under the symbol SNH-Q on the NASDAQ (SNH). It is usually referred to as NASDAQ:SNH or SNH-Q
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In the last year, there was no coverage of Senior Housing Properties Trust published on Stockchase.
On 2024-12-06, Senior Housing Properties Trust (SNH-Q) stock closed at a price of $2.57.