Morgan Keegan Discusses Healthcare REITs (BKD)

Morgan Keegan discusses healthcare REITs, as it attended the 20th annual conference of the National Investment Center for the Seniors Housing & Care Industry. It discusses such companies as Brookdale Senior Living Inc. Co. BKD. In the research note, Morgan Keegan writes, "For healthcare REITs, while we heard concerns about various asset types (e.g., a shortage of quality nursing homes and a lack of senior housing real estate overall, high prices for some medical office building and life sciences deals), REITs nonetheless appear to be able to complete deals, often off-market, that are accretive, particularly given low capital costs. We believe that our accretive acquisition-based investment thesis for healthcare REITs is intact." Shares of Brookdale Senior Living closed at $15.64 on Friday.