Senior Housing News February 6, 2025
A favorable supply-demand landscape for senior housing and an “active” pipeline of investment opportunities represent tailwinds for Omega Healthcare Investors (NYSE: OHI) in 2025, according to the company’s leaders.
The Hunt Valley, Maryland-based real estate investment trust (REIT) reported that its 17 communities managed by Maplewood Senior Living were as of the fourth quarter of 2024 sitting on a 91% occupancy rate with “strong rent” payment in January, according to Chief Investment Officer Vikas Gupta.
The operator had previously run into a “modest liquidity crunch” in 2023, prompting Omega to restructure the portfolio. That restructuring included right-sizing the operator’s rent, which Gupta said is now “sustainable,” especially as occupancy continues to rise ahead. Overall Omega paid about $1 million more...
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