Omega Healthcare Investors (NYSE: OHI) formed a $222.4 million property joint venture with affiliates of Saber Healthcare to own and lease 64 skilled nursing facilities previously wholly owned by Saber, the company announced in its third-quarter earnings release. Omega received a 49% stake in exchange for 5.5 million equity units in its operating partnership subsidiary, convertible one-for-one into Omega common stock, while Saber affiliates retained 51%, the company’s press release noted. Omega will receive 49% of monthly operating cash distributions and plans to pursue additional acquisitions with Saber through the JV.
Read the full article: Omega Forms $222M JV with Saber Affiliates to Own and Lease 64 Skilled Nursing Facilities //
Source: https://skillednursingnews.com/2025/10/breaking-omega-acquires-49-stake-in-saber-healthcare-entity-222m-deal-for-64-facilities/