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Omega Healthcare Investors (OHI) Reports Acquisition of MedEquities Realty Trust (MRT) for Approx. $600M

Go back to Omega Healthcare Investors (OHI) Reports Acquisition of MedEquities Realty Trust (MRT) for Approx. $600M

Omega Healthcare Investors to Acquire MedEquities Realty Trust

January 2, 2019 6:45 AM EST

Anticipated annual FFO, AFFO and FAD accretion of approximately $0.05 per Omega share. Operator diversification will increase with 9 new operators. Property type diversification will increase non-skilled nursing assets modestly by $296 million, including $75 million invested in a hospital facility leased to a subsidiary of Baylor, Scott & White Health. Significant synergies expected. Omega will acquire the fee simple interest in 34 facilities operated by 11 operators in 7 states. Omega will acquire approximately $34 million in mortgage loans.

HUNT VALLEY, Md. &... More