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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (25899)	11/6/2016 2:25:13 PM
From: JimisJim	2 Recommendations Recommended By Bocor Mannie Read Replies (1) \| Respond to of 34328

I think you need to re-examine OHI's business... they finance the sale and leaseback of SNF buildings/facilities... they don't operate them... they are more like O than you seem to think -- the difference being OHI leases back their RE to SNFs, instead of LA Fitness et al... omegahealthcare.com From their website: "Omega purchases a single property or portfolio of properties and enters into a long-term, triple-net lease with an existing or new operator. ... Omega purchases a single property or portfolio of properties from an existing or new operator and leases the facilities back to the operator through a long-term, triple-net lease. These transactions enable operators to monetize their equity in order to expand their businesses, while maintaining control over their facilities.... We work jointly with our operators to identify strategic repositioning and renovation projects on properties throughout our portfolio. ... " OHI is not directly exposed to "fee payers"... the operators who run the SNFs have all of the exposure... naturally, if they go belly up, that's a problem for OHI, but no more so than any triple net retail REIT like O or NNN for example... and if one operator goes belly up, they find another one and lease to them...