
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.