Omega Healthcare Acquired 24 Senior Living Communities From Healthpeak Properties For $510 Million

Omega Healthcare Investors acquired 24 senior living communities from Healthpeak Properties for $510 million on January 20, 2021. The acquisition included the assumption of an in-place master lease with Brookdale Senior Living to operate the facilities. The portfolio consists of assisted living, independent living, and memory care facilities. The facilities have 2,552 units; they are located in Arizona (1), California (1), Florida (1), Illinois (1), New Jersey (1), Oregon (6), Pennsylvania (1), Tennessee (1), Texas (6), Virginia (1), and Washington (4).

Omega Healthcare Investors is a publicly traded real estate investment trust. As of December 31, 2020, its . . .