The owner of Texas-based Orianna Health Systems filed for bankruptcy on Tuesday after reaching a restructuring deal with its landlord, the second large nursing home operator to seek chapter 11 protection this week due to unpaid rent, Reuters reported. 4 West Holdings Inc., which operates as Orianna, reached a deal with its landlord Omega Healthcare Investors Inc. and agreed to transfer 23 facilities to a new operator and provide for the sale of 19 others, according to court records. Orianna owes $52 million in rent to Omega, a real estate investment trust or REIT, and $67 million to vendors as well as other debts, according to court records. Orianna is Omega’s largest tenant, according to securities filings.
