Omega

Omega Communities acquires Florida site

Omega Communities, a senior living developer, has bought a nine-acre site in Fort Myers, FL, for its next senior housing residences.

Also in the news for Nov. 6, 2014 . . .

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AVIV makes $305 million skilled nursing deal on heels of Omega merger ... Only 2 in 5 people discuss long-term care preferences with loved ones, survey finds

Stocks of nursing home REITs drop; analysts blame investor 'over-reaction'

Stocks of the real estate investment trusts that serve nursing homes have been on a downward slide since July's announcement of a $3.87 billion cut in Medicare reimbursements.