Morgan Stanley sees upside for these senior housing stocks as the U.S. population ages

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The firm highlighted a pair of senior housing real estate investment trusts.

Americans are getting grayer — and that could be a windfall for senior housing. Two of the biggest beneficiaries of the trend are certain real estate investment trusts, which also return income to investors, according to Morgan Stanley. The firm likes Welltower , which has a 2.7% dividend yield, and American Healthcare REIT , which went public Feb. 7 and yields 7.1%. Both own senior housing properties. About 18% of the U.S.

mountain Welltower year to date The firm sees the addressable market growing to 185,000 units in 2030 from 150,000 in 2022. In addition, there is a rising need for senior care.

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