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Tim Mullaney

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Omega purchases Aviv REIT for $3 billion

Omega Healthcare Investors is poised to own nearly 875 skilled nursing properties across 41 states, following its merger with Aviv REIT in a $3 billion deal announced Friday. The combination of the powerhouse REITs is just the latest mega-deal in the long-term care sector, and it signals further consolidation is coming.

SNF, CCRC spending expected to rise 69%

Spending on nursing homes and continuing care retirement communities is expected to roughly keep pace with total U.S. healthcare spending during the next decade, according to the annual “National Health Expenditures Projections” report released last month.

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