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Old 02-13-2010, 11:50 PM   #6
Deep 3.2TL
6th Gear Member
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Join Date: May 2004
Location: Milton
Posts: 3,235
Yes, I've seen that article.

Centurion, even though private, can be bought by individual investors.

Just to be clear, I'm no where near "new" to investing, just REIT's...

I have a friend who is one of the lead financial advisors on a Heath Care REIT that's about the IPO. He's knows this market well and he's suggested Centurion. I was also looking at Skyline, but he's saying the info he's hearing is that they need significant capex soon as their properties are aging heavily. He's not convinced on them because of this.

It's quite the opposite for rental properties - In this economy, people will rent more then they buy. I rented my personal property in record time in Sept last year to solid tenants.

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