Following its first quarter earnings release, executives at Omega Healthcare Investors Inc. (NYSE: OHI) said Wednesday that new investments along with restructuring of existing deals will result in gains. This is in part due to rent deferrals ending on some of Omega’s properties and operating trends continuing to improve for the sector, company leaders said in a conference call. And while staffing still poses challenges – with executives noting that the federal government’s proposed staffing mandate could be problematic – the pain for the sector is largely bottoming out.
Read the full article: ‘Past the Trough’: Omega CEO Cautiously Optimistic as Occupancy Up, Acquisitions Underway //
Source: https://skillednursingnews.com/2023/05/past-the-trough-omega-ceo-cautiously-optimistic-as-occupancy-up-acquisitions-underway