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Wednesday, January 2, 2019

Significant synergies seen in Omega, MedEquities Realty Trust deal

Highlights include: Anticipated annual FFO, AFFO and FAD accretion of approximately 5c per Omega share. Operator diversification will increase with 9 new operators. Property type diversification will increase non-skilled nursing assets modestly by $296M, including $75M 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 $34M in mortgage loans.

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