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Benzinga
Benzinga
Business
Robert Kuczmarski

Residential Versus Healthcare REITs: Why Bank Of America Changed Its Ratings On These 5 REITs

A Bank of America analyst has changed his initial ratings on five real estate investment trusts: three are healthcare REITs and two are residential REITs. In comparing the REIT sectors, SP Global reported that healthcare REITs have an average 10-year return of 11.6%, while residential REITs tout a return of 16.7%.

Meanwhile, healthcare REITs have a higher five-year average dividend yield of 5.2%, compared to an average yield of 2.9% for residential REITs.

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