Community Healthcare Trust: A Buying Opportunity After Recent Underperformance

Luis Alvarez Introduction below: Portfolio by property type (Community Healthcare Trust Q1 2024 Supplemental Info) Community Healthcare Trust (NYSE:CHCT) has underperformed the Vanguard Real Estate Index Fund ETF (VNQ) so far in 2024, posting a negative return of 12.5%, more than double the benchmark ETF's drop: CHCT vs VNQ in 2024 (Seeking Alpha) I think this has created a buying opportunity, with the company trading at a market implied cap rate of 9%, and at the same time growing its occupancy and propert ...