Caesars shares plummet as judge allows creditor lawsuits at MarketWatch(Wed 3:30PM EDT) Stool For Brains!
So CHCT already has a portfolio with cash flow? And these are urban properties? Most companies require a start-up time, unless they are purchasing the entire portfolio from another Reit. Looking at the history of this type of REIT, it's difficult to believe the news release. I would love to believe it...but, I've been in the "market" for 50 years and find logic usually trumps press releases and buy-side "Buys" from the underwriters. Good luck with your faith in CHCT...that's what makes a market. I don't stand to gain or lose (unless it's the opportunity to have made money in a sound investment I misunderstood) with CHCT,
I don't understand your statement. They just started and have a small inventory, if any. Paying a dividend at this time requires converting capital to income(?). These companies have a history of disappointing for shareholders, while allowing BOD and especially Officers to make all the money!! Look at history of these specialty 'medical facility' Reits. Were these 'hard money' loans viable, banks would be in there lending.
I'm long! Since the 'banks' no longer trade(?), there is a liquidity problem for the market in general. This (unless some unknown/unrecognized real problem developed) results in extreme volatility in low float securities (like GBX). Relax if you are a believer such as me. Additionally, there is a wonderful opportunity to squeeze this puppy (32% short interest) upon ANY positive news. Just my ranting opinion. I'm a buyer on these dips. good luck and good hunting.