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BUSINESS
July 27, 1991 | CRISTINA LEE, TIMES STAFF WRITER
Nationwide Health Properties Inc., a nursing-home owner based here, said Friday that it has completed its $50.3-million acquisition of 12 nursing homes from Omega Healthcare Partners in Ann Arbor, Mich. NHP is a Newport Beach real estate investment trust that specializes in health-care facilities. It has an investment portfolio of more than $200 million. R.
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BUSINESS
July 27, 1991 | CRISTINA LEE, TIMES STAFF WRITER
Nationwide Health Properties Inc., a nursing-home owner based here, said Friday that it has completed its $50.3-million acquisition of 12 nursing homes from Omega Healthcare Partners in Ann Arbor, Mich. NHP is a Newport Beach real estate investment trust that specializes in health-care facilities. It has an investment portfolio of more than $200 million. R.
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BUSINESS
June 21, 1991 | ANNE MICHAUD, SPECIAL TO THE TIMES
Nationwide Health Properties Inc., a nursing-home owner based here, announced plans Thursday to buy 12 nursing homes in the Midwest and Arizona for $74 million. The company will pay Omega Healthcare Partners of Ann Arbor, Mich., $55 million and assume mortgages amounting to $19 million for the properties, said Mark Desmond, Nationwide's vice president and treasurer. He said the purchase is part of Nationwide's strategy to diversify its mix of tenants, or nursing-home operators.
BUSINESS
June 21, 1991 | ANNE MICHAUD, SPECIAL TO THE TIMES
Nationwide Health Properties Inc., a nursing-home owner based here, announced plans Thursday to buy 12 nursing homes in the Midwest and Arizona for $74 million. The company will pay Omega Healthcare Partners of Ann Arbor, Mich., $55 million and assume mortgages amounting to $19 million for the properties, said Mark Desmond, Nationwide's vice president and treasurer. He said the purchase is part of Nationwide's strategy to diversify its mix of tenants, or nursing-home operators.
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