Form: SC 13G

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

February 6, 1997

SC 13G: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

Published on February 6, 1997





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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

Omega Healthcare Investors, Inc.
--------------------------------------
(Name of Issuer)

Common
------
(Title of Class of Securities)

681936100
---------
(CUSIP Number)


Check the following box if a fee is being paid with this statement [ ] (A fee is
not required only if the person: (1) has a previous statement on file reporting
beneficial ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in prior coverage.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however, see the Notes).

SEC 1745 (2/92)
Page 1






SCHEDULE 13G

CUSIP No. 053469102 Page 2 of 4 Pages
- -------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Cohen & Steers Capital Management, Inc.
13-335336
- -------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]

- -------------------------------------------------------------------------------
3) SEC USE ONLY



- -------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION

New York

- -------------------------------------------------------------------------------
NUMBER 5) SOLE VOTING POWER
OF 1,127,170
SHARES _____________________________________________________________
BENEFICIALLY 6) SHARED VOTING POWER
OWNED BY
EACH _____________________________________________________________
REPORTING 7) SOLE DISPOSITIVE POWER
PERSON 1,127,170
WITH _____________________________________________________________
8) SHARED DISPOSITIVE POWER

- -------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,127,170

- -------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES

[ ]
- -------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


6.20%
- -------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON


IA
- -------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT!

Page 2




SCHEDULE 13G Page 3 of 4

Item 1(a) Name of Issuer

Omega Healthcare Investors, Inc.

Item 1(b) Address of Issuer's Principal Executive Office

Mr. David A. Stover, Vice President & CFO
905 West Eisenhower Circle, Suite 110
Ann Arbor, MI 48103

Item 2(a) Name of Person Filing

Cohen & Steers Capital Management, Inc.

Item 2(b) Address of Principal Business Office

757 Third Avenue
New York, New York 10017

Item 2(c) Citizenship

USA

Item 2(d) Title of Class of Securities

Common

Item 2(e) CUSIP Number

681936100
Item 3. If this statement is filed pursuant to Rule 13d-l(b), or
13d-2(b), check whether the person filing is a

(a) [ ] Broker or Dealer registered under Section 15 of the Act

(b) [ ] Bank as defined in Section 3(a)(6) of the Act

(c) [ ] Insurance Company as defined in section 3(a)(19) of
the Act

(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act

(e) [X] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940

(f) [ ] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Section
240.13d-1(b)(1)(ii)(F)

(g) [ ] Parent Holding Company, in accordance with Section
240.13d-l(ii)(G) (Note: See Item 7)

(h) [ ] Group, in accordance with Section
240.13d-1(b)(l)(ii)(H)





Item 4 Ownership

(a) Amount of Shares Beneficially Owned 1,127,170

(b) Percent of Class 6.20%

(c) Number of Shares as to which such person has:

(i) sole power to vote or to direct
the vote 1,127,170

(ii) shared power to vote or to direct the vote

(iii) sole power to dispose or to direct the
disposition of 1,127,170

(iv) shared power to dispose or to direct
the disposition of

Item 5 Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following. [ ]

Item 6 Ownership of More than Five Percent on Behalf of Another Person

NA

Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company

NA

Item 8 Identification and Classification of Members of the Group

NA

Item 9 Notice of Dissolution of the Group

NA

Item 10 Certification

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.


Signature
- ---------

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

February 5, 1997


/s/Robert Steers
- ----------------------------------
Signature


Robert H. Steers, Chairman
- ----------------------------------
Name and Title