Omega Healthcare Investors, Inc. · NYSE:OHI
Omega Healthcare Investors — Aviv REIT — Merger or Acquisition (March 2015)
10 slides from Omega Healthcare Investors's merger presentation, Mar 9, 2015
Slide 1: Omega Healthcare Investors Investors Presentation March 2015
Omega Healthcare Investors Investors Presentation March 2015
Slide 2: Forward-looking Statements and Non-GAAP Information
2 Forward - looking Statements and Non - GAAP Information This presentation may include projections and other forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . Such statements relate to future events and expectations and involve unknown risks a
Slide 3: Omega Overview: Proven Track Record of Growth and New Investments
3 Omega Overview Proven Track Record of Growth and New Investments Continue to pursue selective investments » 2004 New Investments : $ 127 million » 2005 New Investments: $311 million » 2006 New Investments: $203 million » 2007 New Investments: $ 49 million » 2008 New Investments: $205 million » 200
Slide 4: Omega Overview: Recent Announcements
4 Omega Overview Recent Announcements 1Q 2015 ▪ In February, Omega and Aviv mailed the joint statement/prospectus relating to the Company’s merger with Aviv to shareholders. ▪ In February, the Company announced March 27, 2015, as the meeting date for shareholders to vote on the Aviv merger. 4Q 2014
Slide 5: Aviv REIT Acquisition Rationale
5 Omega Overview Aviv REIT Acquisition Rationale Market data as of December 31, 2014 Positioned For Continued Sector Leading Growth Platforms With Superior Historical Track Records Management teams with strong track records of value creation for shareholders Omega was number one performing publicly
Slide 6: Omega Overview: Growth Strategy
6 Omega Overview Growth Strategy Pursue selective acquisitions Leverage existing 83 combined operator relationships Invest primarily in current core markets Maintain focus on senior care facilities Use credit facility to make acquisitions and replenish availability with long term debt and equity iss
Slide 7: Largest Owner of SNF Properties & Only Pure-Play SNF REIT
7 Portfolio Overview Largest Owner of SNF Properties & Only Pure - Play SNF REIT with Aviv Acquisition 530 259 789 (1) More than 2x the number of SNF properties as the next public competitor Number of SNF Properties + Source: Company filings 1) Excludes 1 Omega HFS facility and 1 Aviv leasehold inte
Slide 8: Aviv Acquisition Significantly Increases State and Operator Diversification
8 Portfolio Overview Aviv Acquisition Significantly Increases State and Operator Diversification Genesis 8% Ark 8% Communicare 6% Ciena 6% HHC 5% Guardian 4% Diversicare 4% Signature 4% Airamid 4% Daybreak 4% Other 73 Operators 48% Operator Diversification Note : Based upon annualized in - place con
Slide 9: Financial Overview: Growth Strategy
9 Financial Overview Growth Strategy Leverage existing 83 combined operator relationships of Omega and Aviv
Slide 10: Financial Overview: Conservative Capitalization
10 • $1.0B unsecured revolving credit facility » June 2018 maturity, with additional year option » $550MM accordion feature to be exercised simultaneously with the Aviv merger Financial Overview Conservative Capitalization