Omega Healthcare Investors (OHI) is an attractive, big-dividend (8.5%), REIT that has recently delivered poor performance (as shown in our recent article: Big-Dividend Healthcare REITs, Ranking the Best and Worst). Omega faces macroeconomic headwinds, heightened Affordable Care Act uncertainties, and a very pessimistic market narrative. However, we believe these risks have created an attractive opportunity for diversified long-term investors.