Omega Healthcare Investors, Inc. (NYSE: OHI) faced serious stress from multiple operators in the third quarter, leading executives to consider a more regional strategy going forward. The Hunt Valley, Md.-based real estate investment trust (REIT) on Monday reported a net loss of $137.5 million in the third quarter, posting revenue of $194.06 million—missing analysts’ expectations by […]
Conflicts between major real estate investment trusts (REITs) and their skilled nursing tenants have dominated industry headlines in recent weeks. Quality Care Properties (NYSE: QCP) continues to seek relief amid its primary tenant HCR ManorCare’s failure to pay rent, while shareholders of Sabra Healthcare REIT, Inc. (NASDAQ: SBRA) attempted to derail its acquisition of the SNF-heavy […]
Omega Healthcare Investors, Inc. (NYSE: OHI) missed its estimated quarterly rental income, with top executives from the real estate investment trust (REIT) blaming two delinquent operators on its second-quarter earnings call Thursday morning. Omega reported rental income of $194 million for the second quarter of 2017, a figure that — while 4% higher than it recorded in the […]
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