Omega Health Investors Transfers Florida Facilities to PACS, Incurs $90 Million Expense
MT newswire2026/10/05 07:4903:49 AM EDT, 10/05/2026 (MT Newswires) -- Omega Healthcare Investors (OHI) has transferred management of 32 skilled nursing facilities in Florida to PACS Htoup (PACS) from Airamid Health Services effective Oct. 1. In connection with this, the company said it has incurred a related one-time $90 million expense, Omega reported Monday. Omega has boosted rent on the Florida properties by $26.1 million in year one of the new arrangement, and by an additional $2.5 million in year two, with contractual 2% escalators thereafter, said Omega, a real estate investment trust. The Florida portfolio will be added to an existing master lease with PACS, a national operator of skilled nursing facilities, said Omega.
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