Senior Housing Shortage Gives REITs Pricing Power -- Market Talk

Dow Jones

Jul 12, 2025

1204 ET - Senior housing construction is at a 10-year low, allowing real estate investment trusts to gain leverage, Mizuho analyst Vikram Malhotra says in a note. According to the National Investment Center's second-quarter update, inventory growth fell to 0.8% while occupancy rose, suggesting demand is outperforming seasonal trends. A difficult lending environment combined with tariffs also make new construction unlikely to pick up, Malhotra says. That's all good news for the pricing power of senior housing facility operators, including Welltower and Ventas, which Mizuho continues to rate as outperform. In the second quarter, asking rent growth sped up for the first time in two years. (nicholas.miller@wsj.com)

(END) Dow Jones Newswires

July 11, 2025 12:04 ET (16:04 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2550505069"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2550505069\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2550505069?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-12 00:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2550505069","market":"us","top_or_hot":-1,"title":"Senior Housing Shortage Gives REITs Pricing Power -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1204 ET - Senior housing construction is at a 10-year low, allowing real estate investment trusts to gain leverage, <a href=\"https://laohu8.com/S/MFG\">Mizuho</a> analyst Vikram Malhotra says in a note. According to the <a href=\"https://laohu8.com/S/NHLD\">National</a> Investment Center's second-quarter update, inventory growth fell to 0.8% while occupancy rose, suggesting demand is outperforming seasonal trends. A difficult lending environment combined with tariffs also make new construction unlikely to pick up, Malhotra says. That's all good news for the pricing power of senior housing facility operators, including <a href=\"https://laohu8.com/S/HCN\">Welltower</a> and <a href=\"https://laohu8.com/S/VTR\">Ventas</a>, which Mizuho continues to rate as outperform. In the second quarter, asking rent growth sped up for the first time in two years. (nicholas.miller@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 11, 2025 12:04 ET (16:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Senior Housing Shortage Gives REITs Pricing Power -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSenior Housing Shortage Gives REITs Pricing Power -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-12 00:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1204 ET - Senior housing construction is at a 10-year low, allowing real estate investment trusts to gain leverage, <a href=\"https://laohu8.com/S/MFG\">Mizuho</a> analyst Vikram Malhotra says in a note. According to the <a href=\"https://laohu8.com/S/NHLD\">National</a> Investment Center's second-quarter update, inventory growth fell to 0.8% while occupancy rose, suggesting demand is outperforming seasonal trends. A difficult lending environment combined with tariffs also make new construction unlikely to pick up, Malhotra says. That's all good news for the pricing power of senior housing facility operators, including <a href=\"https://laohu8.com/S/HCN\">Welltower</a> and <a href=\"https://laohu8.com/S/VTR\">Ventas</a>, which Mizuho continues to rate as outperform. In the second quarter, asking rent growth sped up for the first time in two years. (nicholas.miller@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 11, 2025 12:04 ET (16:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2550505069","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550505069","pubTimestamp":1752249840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1204 ET - Senior housing construction is at a 10-year low, allowing real estate investment trusts to gain leverage, Mizuho analyst Vikram Malhotra says in a note. According to the National Investment Center's second-quarter update, inventory growth fell to 0.8% while occupancy rose, suggesting demand is outperforming seasonal trends. A difficult lending environment combined with tariffs also make new construction unlikely to pick up, Malhotra says. That's all good news for the pricing power of senior housing facility operators, including Welltower and Ventas, which Mizuho continues to rate as outperform. In the second quarter, asking rent growth sped up for the first time in two years. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFA.SI":"NikkoAM-STC Asia REIT","BK4588":"碎股","BK4585":"ETF&股票定投概念","CFA":"VictoryShares US 500 Volatility Wtd ETF","BK4203":"医疗保健房地产投资信托","BK4084":"特种房地产投资信托","BK4234":"特殊用途房地产信托","BK4225":"医疗保健房地产信托","VTR":"芬塔公司","WELL":"WELLTOWER OP LLC","PW":"Power REIT"},"translate_title":"老年住房短缺赋予房地产投资信托基金定价权——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WELL":0.9,"CFA.SI":1,"PW":1,"VTR":0.9,"CFA":1},"content_text":"1204 ET - Senior housing construction is at a 10-year low, allowing real estate investment trusts to gain leverage, Mizuho analyst Vikram Malhotra says in a note. According to the National Investment Center's second-quarter update, inventory growth fell to 0.8% while occupancy rose, suggesting demand is outperforming seasonal trends. A difficult lending environment combined with tariffs also make new construction unlikely to pick up, Malhotra says. That's all good news for the pricing power of senior housing facility operators, including Welltower and Ventas, which Mizuho continues to rate as outperform. In the second quarter, asking rent growth sped up for the first time in two years. (nicholas.miller@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 11, 2025 12:04 ET (16:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}