Hello fellow investors 👋

I am concerned about the situation of 2 of my REITs: $NHI and $OHI

These two companies operate in Nursing Homes & Senior Care Facilities.

While this is a sector that, in my opinion, has a bright outlook, the Covid was not a joke for them.

Here I attach the Omega Healthcare $OHI Investor Presentation of April 2022, where they point out that they are struggling to collect rent. Unfortunately, many operators in this industry are having issues, and while still the sector is profitable, the accumulated debts by some of them make it impossible to pay back.

You can check slide 10 of this presentation to understand the situation

Considering this situation, these 2 REITs are priced very low.

translating into a very high and risky dividend yield:

OHI - 9.36% 🔥

NHI - 6.44%

High Yield ALWAYS means high risk, and I don't feel comfortable sitting on such a risky asset. I'm not eager to sell off my positions, but I will not increase them. I did a bit of DCA during 2020 after the crash, but I can't expose myself anymore.

Do any of you invest in this sector? Any thoughts?