President, Omega Healthcare Invs
Search every verified Matthew Gourmand interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Matthew Gourmand, President of Omega Healthcare Investors, discussed the company's strategy and outlook in a March 2025 appearance on the Hoya Hotseat podcast. He described Omega as a $10 billion-plus equity value REIT that invests primarily in skilled nursing and assisted living facilities, and said the company's strategy involves allocating capital to operators and benefiting from the spread between going-in yields and its cost of capital. Gourmand stated that the REIT structure aligns with operator interests, as operators can use sale-leasebacks to grow without owning real estate. Gourmand addressed industry risks, calling the idea of a "stroke of the pen" risk to government funding "naive" and citing pandemic-era government support as evidence that the industry is considered "too big to fail." He identified labor shortages as the biggest industry challenge and said Omega is investing in technology platforms for detection risk and remote patient monitoring to help operators improve efficiency. Gourmand also emphasized the benefits of the company's diversification across over 80 operators in 42 states and the UK, stating that this allows the firm to transition facilities to new operators when needed and to consistently grow funds available for distribution per share.
“We are a 10 plus billion dollar Equity value REIT listed on the New York Stock Exchange. We predominantly invest in healthcare assets, primarily in skilled nursing and assisted living facility assets, capturing favorable yields relative to our cost of capital.”
“Our strategy is to allocate capital to superior operators in the skilled nursing and assisted living facility space and grow with them, benefiting from the spread between our going-in yields and our cost of capital, with yields growing over time through escalators.”
“The REIT structure aligns with the interests of our operators who prefer not to be hamstrung with owning their own real estate, allowing them to realize capital through sale-leasebacks to grow their operations.”
“The aging baby boomer demographic is highly favorable for our sector, with two more decades of this population aging into the typical resident age of around 80 years old, which will be hugely impactful to our operators.”
Omega Healthcare Investors (NYSE: OHI) is the largest skilled nursing REIT, with a portfolio of 92284 beds across 42 U.S. states ...
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