Welcome to our dedicated page for Sabra Health Care Reit news (Ticker: SBRA), a resource for investors and traders seeking the latest updates and insights on Sabra Health Care Reit stock.
Sabra Health Care REIT Inc (SBRA) is a leading healthcare-focused real estate investment trust specializing in nursing facilities, assisted living communities, and behavioral health properties. This page provides investors with a centralized hub for all official company announcements and market-related developments.
Access timely updates on earnings reports, property acquisitions, and strategic partnerships that shape SBRA's position in healthcare real estate. The curated news collection enables stakeholders to track operational milestones, leasing activity, and industry trends impacting this specialized REIT.
Content spans quarterly financial disclosures, facility portfolio expansions, management updates, and regulatory developments. Bookmark this resource to stay informed about SBRA's role in serving healthcare operators through essential real estate solutions across the United States.
Sabra Health Care REIT (NASDAQ: SBRA) will participate in the ASHA’s 2023 Annual Meeting from January 23-25, 2023, at The Westin Kierland in Scottsdale, Arizona. Representing the company will be Talya Nevo-Hacohen, Chief Investment Officer, Darrin Smith, Executive Vice President of Investments, and Eliza Gozar, Senior Vice President of Investments. This event highlights Sabra's commitment to the healthcare real estate sector across the U.S. and Canada.
Sabra Health Care REIT (NASDAQ: SBRA) has amended its credit facility to enhance its debt maturity profile. Key highlights include a $1.0 billion unsecured revolving credit facility maturing in January 2027 with extension options, a $430 million unsecured term loan maturing in January 2028, and a $150 million CAD term loan (~$110 million USD) also maturing in January 2028. The pricing remains consistent with previous terms, linked to adjusted SOFR/CDOR, and an accordion option allows for potential capacity increase to $2.75 billion.
Sabra Health Care REIT (NASDAQ: SBRA) announced its participation in two upcoming virtual conferences. On January 9-10, 2023, Rick Matros (CEO), Michael Costa (CFO), and Talya Nevo-Hacohen (CIO) will represent the company at the Capital One Securities 3rd Annual REIT Conference. Following this, on January 19, 2023, they, along with Darrin Smith (EVP of Investments) and Lukas Hartwich (SVP of Finance), will participate in Stifel's 2023 Seniors Housing and Healthcare Real Estate Conference. These events highlight Sabra's ongoing commitment to the healthcare real estate sector.
Sabra Health Care REIT (SBRA) reported a net loss of $0.22 per diluted share for Q3 2022, with FFO of $0.28 and AFFO of $0.34. Notably, Sabra will transition its 24-property portfolio from North American Health Care to Ensign and Avamere, generating an initial annual rent of $34.5 million. The company is on track to close asset sales generating over $200 million by year-end. As of September 30, 2022, liquidity stood at $887.7 million. A quarterly dividend of $0.30 per share was declared for November 30, 2022.
Sabra Health Care REIT, Inc. (SBRA) announced a transition of its 24-property portfolio from North American Health Care to existing tenants, The Ensign Group (ENSG) and Avamere Family of Companies. After the transition, Ensign will represent about 8% of Sabra's Annualized Cash NOI, adding 20 California properties with an initial rent of $29.4 million, while Avamere adds 4 Washington properties with an initial rent of $5.1 million. This move is expected to enhance rental income stability and improve the portfolio's credit profile, with an estimated revenue of $14.7 million for Q4 2022.
Sabra Health Care REIT (NASDAQ: SBRA) announced its participation in Nareit’s REITworld 2022 Annual Conference from November 15-17, 2022, at the San Francisco Marriott Marquis. Key executives attending include Rick Matros (Chair and CEO), Michael Costa (CFO), Talya Nevo-Hacohen (CIO), and Lukas Hartwich (SVP of Finance). The company, based in Maryland, operates as a self-administered and self-managed REIT, focusing on real estate investments in the healthcare sector across the U.S. and Canada.
Sabra Health Care REIT, Inc. (Nasdaq: SBRA) will release its third quarter earnings for 2022 on November 7, 2022, after market close. A conference call will follow on November 8 at 10:00 a.m. Pacific Time to discuss the results. Investors can access the webcast through a designated URL and participate via telephone following prior registration. Sabra operates as a self-managed REIT focusing on real estate for the healthcare sector in the U.S. and Canada.
Sabra Health Care REIT (NASDAQ: SBRA) announced participation in two upcoming conferences. CEO Rick Matros, CFO Michael Costa, and SVP Lukas Hartwich will attend the BofA Securities 2022 Global Real Estate Conference on September 13-14, 2022, in New York City. Additionally, Chief Investment Officer Talya Nevo-Hacohen and EVP Darrin Smith will participate in the NIC Fall Conference from September 14-16, 2022, in Washington, D.C. Sabra operates as a self-administered and self-managed REIT focused on the healthcare sector in the U.S. and Canada.
Sabra Health Care REIT (NASDAQ: SBRA) announced that its CEO, Rick Matros, will participate as a panelist at the Skilled Nursing News’ RETHINK Conference on September 1, 2022, in Chicago, Illinois. The event focuses on innovations and strategies in the skilled nursing sector.
Sabra operates as a self-administered, self-managed real estate investment trust (REIT), investing in healthcare-related real estate across the U.S. and Canada, aiming to enhance care services within the industry.
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