MedEquities Realty Trust, Inc. [Acquired] | REIT Profile
Symbol: MRT
new symbol: OHI
CIK: 1616314
Exchange: NYSE
Founded: 2014
HQ: Nashville, TN, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Health Care
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MedEquities Realty Trust (NYSE: MRT) is a self-managed and self-administered real estate investment trust that invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company's management team has extensive industry experience in acquiring, owning, developing, financing, operating, leasing and monetizing many types of healthcare properties and portfolios. MedEquities' strategy is to become an integral capital partner with high-quality and growth-oriented facility-based providers of healthcare services on a nationwide basis, primarily through net-leased real estate investment.
Latest REIT Press Releases
- MedEquities Realty Trust, Inc. Press Release: MedEquities Stockholders Approve Merger With Omega Healthcare Investors - 15 May 2019 11:36:16 -0400
- MedEquities Realty Trust, Inc. Press Release: MedEquities Realty Trust, Inc. Declares Conditional Dividend For Fourth Quarter 2018 - 27 Feb 2019 16:33:27 -0500
- MedEquities Realty Trust, Inc. Press Release: MedEquities Realty Trust, Inc. Announces Tax Treatment Of 2018 Distributions - 16 Jan 2019 16:18:19 -0500
- MedEquities Realty Trust, Inc. Press Release: Omega Healthcare Investors to Acquire MedEquities Realty Trust - 2 Jan 2019 06:57:14 -0500
Related Information
| Material | Source | Description |
|---|---|---|
| Omega Healthcare Investors Acquires MedEquities Realty Trust (2019-05-17) | BUSINESS WIRE | HUNT VALLEY, Md. & NASHVILLE, Tenn.--(BUSINESS WIRE)--Omega Healthcare Investors, Inc. (NYSE: OHI) (“Omegaâ€) and MedEquities Realty Trust, Inc. (NYSE: MRT) (“MedEquitiesâ€) today announced the completion of Omega’s acquisition of all of the outstanding shares of MedEquities. The transaction represents an enterprise value of approximately $600 million for MedEquities and further diversifies Omega’s assets and operators. Following the acquisition, Omega will continue to be the premier publicly traded real estate investment trust (REIT) focused principally on skilled nursing facilities (SNFs), by adding a diversified portfolio of investments including 34 properties located in 7 states and operated by 11 different operators. |
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| New York Mortgage Trust, Inc. (NYMT) | 6.0 | NASDAQ | Small-Cap | Mortgage | United States |
| Realty Income Corp (O) | 8.7 | NYSE | Large-Cap | Retail Industrial Office Specialty | United States |
Last updated: 2024-04-24 - v4.8