Omega Healthcare to Invest $190M in SNF Portfolio
ByOmega Healthcare Investors Inc. continues to reinforce its title as the largest owner of post-acute care facilities in the U.S.—a distinction the REIT attained through the purchase of Aviv REIT Inc. in 2015—with new acquisitions. The company recently enhanced its portfolio by 2,074 beds in Indiana, with the $190 million purchase of 15 skilled nursing facilities from two unidentified sellers.
Omega has leased the newly acquired properties to an existing operator, and expects to repeat the process again—and again. “We will continue to work with our operators to identify acquisitions and dispositions that strengthen portfolio cash flows,” Taylor Pickett, CEO of Omega Healthcare Investors, said in a prepared statement. “We are evaluating over $200 million of disposition opportunities within our portfolio that could potentially close over the next 9 to 12 months.”…
