MRT - Omega Healthcare: MedEquities Acquisition Looks Fair Long-Term Headwinds Remain
Back in November, I publicly cautioned that the share price at Omega Healthcare (OHI) was starting to get it ahead of itself. Was that the right call? Perhaps, not in the short term, but I'm still extremely skeptical of the value here. As an investor focused on net asset value ("NAV"), the fact that the firm traded - and still does trade - at a premium to its liquidation value is concerning to me. In fact, it is one of the most expensive REITs in the market in this regard. I've also had