|Bid||0.00 x 3200|
|Ask||0.00 x 4000|
|Day's Range||31.38 - 31.86|
|52 Week Range||24.90 - 34.84|
|PE Ratio (TTM)||78.66|
|Forward Dividend & Yield||2.64 (8.45%)|
|1y Target Est||N/A|
Real estate investment trusts are excellent investment vehicles for investors looking to generate current portfolio income. This is in large part because of the legal implications of operating as a real estate investment trust. REITs are required by law to pay out more than 90% of their net income as distributions to shareholders.
Real Estate Investment Trusts, or REITs, are a great source of regular income for retirees and other investors who live off the income from their investment portfolio, explains Chloe Lutts Jensen, a leading income specialist, a contributor to MoneyShow.com and editor of the Cabot Dividend Investor newsletter. REITs can own all sorts of real estate, from convenience stores to forests to apartment buildings. Healthcare REITs own doctors’ offices, hospitals, assisted living facilities and other medical buildings.
Blaine will attempt to escape from shackles while dangling five stories above Times Square in time for the Target Store two-day sale which starts 24 November 2006. If he completes the test he will take 100 deserving children on a 500 USD shopping spree sponsored by Target and David Blaine and to benefit the Salvation Army. At last week’s annual REITweek conference in New York, I spent some time with Nareit’s VP of Research, Dr. Brad Case, a distinguished economist and industry expert.
A bankruptcy judge cleared Orianna Health Systems LLC to move forward with a restructuring plan, which creditors say amounts to a sweetheart deal favoring the nursing-home operator’s existing owners. for a key settlement, an auction process and up to $30 million in bankruptcy financing. Creditors have vigorously opposed Orianna’s restructuring plan, saying the settlement and sale amount to self-dealing by company insiders.
Orianna Health Systems LLC asked a bankruptcy judge to overrule strident objections from creditors and to set in motion a restructuring deal devised by the nursing-home operator and its landlord. During a hearing Tuesday at the U.S. Bankruptcy Court in Dallas, lawyers for Orianna began what is likely to be a days-long trial on several critical components of the proposed restructuring, all of which have been vigorously contested by creditors. Orianna, which operates more than 40 nursing homes across seven states, sought bankruptcy protection in March citing financial challenges that have affected the broader health-care sector, including rising medical costs and falling reimbursement payments from government insurance programs.
Signature Healthcare has come to terms with two of its landlords and avoided bankruptcy court.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. In the past 10 years Omega Healthcare InvestorsRead More...
HUNT VALLEY, Md. (AP) _ Omega Healthcare Investors Inc. (OHI) on Monday reported a key measure of profitability in its first quarter. The results topped Wall Street expectations. The Hunt Valley, Maryland-based real estate investment trust said it had funds from operations of $161.3 million, or 78 cents per share, in the period.
While the Q1 earnings outlook for the finance sector remains encouraging, underlying asset categories and changing industry landscape are the key performance determinants for REITs.
Omega Healthcare Investors Inc (NYSE:OHI) delivered a less impressive 2.70% ROE over the past year, compared to the 7.39% return generated by its industry. OHI’s results could indicate a relativelyRead More...
Creditors of Orianna Health Systems LLC have lined up to oppose a bankruptcy restructuring deal involving the nursing-home operator and its landlord, which creditors say would leave them with “little to ...
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The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. These factors driveRead More...
The owner of Orianna Health Systems filed for bankruptcy late Tuesday after reaching a restructuring deal with its landlord, the second large nursing home operator to seek Chapter 11 protection this week due to unpaid rent. 4 West Holdings Inc, which operates as Orianna, reached a deal with its landlord Omega Healthcare Investors Inc and agreed to transfer 23 facilities to a new operator and provide for the sale of 19 others, according to court records.