Omega Healthcare acquires 15 Indiana nursing homes for $190 million


Omega Healthcare Investors, a Hunt Valley-based real estate investment trust, said it acquired 15 skilled nursing facilities in Indiana for $190 million.

The facilities, with a combined 2,074 beds, were purchased from two companies and are leased to an operator. The deal closed Aug. 31, Omega said.

Simultaneously, the company also entered into a $9.4 million loan to purchase the leasehold interest in a 135-bed facility in Indiana with the same operator.

The company also said two of its 32 facilities in Texas and Louisiana that were close to Hurricane Harvey’s path were evacuated.

“Omega sends its thoughts and prayers to our operators, their staff, the residents at the facilities, and the surrounding communities that have been impacted by Hurricane Harvey,” Omega CEO Taylor Pickett said. “Although our facilities appear to have relatively little damage, it is much too early to assess the effect on the surrounding communities and the dedicated staff that cares for our facility residents.”

Omega describes itself as the nation’s largest owner of post-acute care facilities. As of June 30, its portfolio included approximately 1,000 properties located in 42 states and the United Kingdom, run by 77 different operators.

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Omega Healthcare acquires 15 Indiana nursing homes for $190 million

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