Kinship Health Acquires Lakeside Oaks, Habana, And Brandon Nursing Homes From Omega Healthcare Investors For $39.1M

A Maryland-based company, Omega Healthcare Investors, has recently sold three skilled nursing facilities in the Tampa Bay area for a total of $39.1 million. The properties include Lakeside Oaks Care Center, Habana Health Care Center, and Brandon Health Care and Rehabilitation, which were initially purchased by Omega in 2016. The buyer, Kinship Health from New York, acquired these properties as part of their expansion strategy. In addition, Kinship Health has already acquired two other skilled nursing centers in Pinellas earlier this year.

Summary of transaction details

• Property Type: Nursing Home
• Transaction Amount: $39,100,000
• Address: 1061 Virginia Street, 2916 Habana Way & 1465 Oakfield Drive
• Market: Dunedin, Tampa & Brandon
• Buyer: Kinship Health
• Seller: Omega Healthcare Investors - Taylor Pickett

This transaction showcases a significant investment in the Tampa Bay senior care market. Kinship Health's acquisition of these skilled nursing facilities aligns with their strategic growth plans in the healthcare sector. Omega Healthcare Investors, represented by Taylor Pickett, made the decision to sell these properties as they continue to refine their portfolio. The sale of these properties marks a successful deal for both parties involved.