our discussed to and are we our if Ohio. changes, Thanks, both how to and talked good On Southern portfolio about made Trillium decision in what last Greg, I regularly morning. we one. our operators in to determine replace detail are our we either any, call, reassessing
we to three there, pleased facilities and plan four. what we September re-tenant you, seven happened to I'm told that's sell exactly on X. report the For
lease. remaining Group $XX Providence added The four facilities tenant to challenging their and two were to most released were for master and the other one sold current our million,
an operator since softness continue our lingering living in a in portfolio our replacing last nursing shore skilled we by assisted up the resetting skilled for call, and In sell rent to operator, to addition, deciding Michigan. assets nursing
color you actions. three those me of on give Let each some
business, associated is living The change. seven the priority Eastern impetus in First, effective There of This inconsistent a Life X, with with of combination Services. rent four change Senior this assisted November facilities for Care performance and states. Priority the we in management reduction was of it and consists better estate replaced Noble portfolio That likely clear no operator on fee these in another strategic would perform owning made consulting assets the be shift was case, real towards that operations. instead focusing the to able to their being we us entirely and leasing, their switch. and
hard the In inheriting XX Central we the in previous on after months time around Second, and some we've seven they've from built facilities of work commented of prior spite closely decided operator the reset the to in monitoring, for of rent Trio's challenges momentum Ohio. damaging our calls, transition.
stepped and focus kicked were timing before preferred this others, the can quarter, have designated fought it several Trio right issue. runway no was that of view others example, portfolio's this our we They around these special apparent back became time in For and facility transition. one only right building challenges a out or a performance longer the network but as of provider from as
annually. so And approximately we adjusted the by million rent $X.X
that In as ethically. reflects supplemental, extra against believe rent and please X.Xx the new rate trending EBITDA, forma is has with their coverage their approximately visibility note coverage run performance TTM Trio's been we their pro there,
pay in Michigan Metron Third, state they rent us they initially auditing let had replace us the next later they no rent exit assuring breath, operations dollars prior they the Medicaid that of intend Michigan. and paying to the them. cost would after through notified intent longer month transition, Metron's would millions overpayments roughly we me in of Shockingly told recently about $XXX,XXX us assessed after in year's of of their reports. be a talk contractual Metron to for said, Metron the that until
and We paths million, the parallel selling. the normal to or including documentation sale proceeds We from portfolio options, in to under of transfer all be subject pursued to contract either approximately have quickly anticipate million. $X.X $XX the of an approximately now We impairment re-tenanting resulting sell, diligence, licensure.
few within months. the expect sale to We close next the
we've the the a be of these and the debt lease the improved and made, As changes investments. sales in to and Metron from coverages assets. recycled paying will back the Trillium more both down into we've desirable credits redeployment Proceeds tenant result
growing our backup who In presents of bench in the opportunity are future. operators the addition, eager further case itself in step to we have up expanded
pleased short soon in be these are The portfolio very we will long-term to that over-emphasized. say our have relatively or de-risked changes, benefits of are us. issues behind and significantly be these all time a period can't With of we changes these
of the news industry, course, implementation on is October big broader the PDPM at the of Looking X.
indicated of But SNF We their learning expect a curve changes they tenants, with the be are optimistic. our a that before there remain to smoothly going and hit bit they've in really operators talking fairly stride.
we up, important sum achieved year. really this to far objectives so three So
significant and into strength. maintaining we two, growth, portfolio significant XXXX derisking, a First, position from of investment low record new industry-leading number going are leverage, while number three, with
And about hand pipeline. over with the that, Mark? Mark I'll to talk it to
