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Friday, 01/04/2019 2:10:25 PM

Friday, January 04, 2019 2:10:25 PM

Post# of 25
Should have stayed in the casino business. Sold them off to related party and took up this healthcare REIT nonsense. In review of their assets, it appears they have purchased underperforming facilities that are in need of many capital improvements. They sink money into the improvements but dont see a substantial increase in lease rates.

I am very involved in the healthcare / nursing home industries and think GBCS could be a viable company if they can discard the unused facilities for any cash. Then invest in growing markets with an aging population.
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