Week Ended 3/31/17

2 positions we are excited about in the near term Medical Properties Trust (MPW) has had strong fundamental growth each quarter which have gone unrecognized by the market due to various news items ranging from healthcare reform to one of its tenants struggling.  The...

Week Ended 3/24/17

No reason volatility REIT prices have been moving around aimlessly on a paucity of fundamentally impactful news.  Of particular note is the volatility in UMH Properties (UMH).  Stock chart from SNL Financial As it surged up to nearly $15.00, we sold UMH in an attempt...

Portfolio Analytics 1Q17

Welcome to the 2CHYP quarterly analytics.  Each quarter we analyze our holdings both at a portfolio level and at a company level. PDF link: 2CHYP 1Q17 article For information and analysis on each company within the portfolio, click the links below to open 2 page...

Week Ended 3/17/17

Overlooked news Medical Properties Trust (MPW) is issuing a Euro denominated senior note for 500mm Euros with a 3.325% coupon.  This is fixed rate and matures in 2025.  The market price did not move on the news, but its fundamentals did. This is a remarkably cheap...

Week Ended 3/10/17

Healthcare swap 2CHYP has extensive exposure to the healthcare REIT sector as it has strong fundamentals and low market prices.  MPW brings exposure to ACH (acute care hospitals) while OHI and SNR are pure plays on SNFs (skilled nursing facilities) and SH (senior...