MedEquities Realty Trust (NYSE: MRT) will be acquired by Omega Healthcare Investors (NYSE: OHI) for nearly $900 million. The deal was announced on January 2, 2019 and is expected to close in the first half of the year. The target is a self-managed and self-administered real estate investment trust (REIT) that invests in healthcare properties […]
The Behavioral Health Care sector has enjoyed growing interest from private equity and other investors in recent years. Federal legislation regarding coverage of mental health conditions certainly boosted that interest, as has the growing public acceptance of the magnitude of need for services. Also, the fragmented nature of this sector has kept platform-building acquisitions rather low. […]
Real estate investment trusts (REITs) are back in action in the Behavioral Health Care sector. Last April we reported on Care Capital Properties (NYSE: CCP) $380 million deal for six inpatient facilities owned by Signature Healthcare Services LLC (dba Aurora Behavioral Health). Early in August, MedEquities Realty Trust (NYSE: MRT) made its first move into […]
Hospital transactions suddenly sped up in May 2017. Deals are now coming from the private equity-sponsored segment, while the publicly traded chains are mostly unwinding their 2013 acquisitions.
Hospital deal volume in the first quarter of 2017 slipped further on concerns about repealing the Affordable Care Act.
Real estate investment trusts (REITs) have taken an interest in the hospital sector, where there seems to be no end to the supply of struggling standalone hospitals.