MedEquities Shareholders Approve $600M Omega Merger

Shareholders of MedEquities Realty Trust (NYSE: MRT) on Wednesday overwhelmingly approved a plan to merge with fellow real estate investment trust (REIT) Omega Healthcare Investors (NYSE: OHI). Around 99.9% of the votes cast — representing 79.5% of all outstanding shares as of March 4 — were in favor of the $600 million deal, first announced […]

Transactions: MedEquities Makes $10 Million Skilled Nursing Play in Connecticut

MedEquities Pays $10 Million for Conn. SNF Real Estate MedEquities Realty Trust, Inc. (NYSE: MRT) acquired the real estate of Woodlake at Tolland Nursing & Rehabilitation Center, a skilled nursing facility in Tolland, Conn., from Prospect Medical Holdings, Inc. for a total of $10 million. The Nashville, Tenn.-based MedEquities plans to enter into a 12-year, triple-net lease […]