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 Healthcare REIT, Inc. (SBRA) is a self-administered and self-managed real estate investment trust (REIT) based in Maryland. Specializing in healthcare properties, Sabra generates revenue by leasing its properties to local, regional, and national healthcare operators and tenants throughout the United States. The company's portfolio is diversified across various segments of the healthcare industry, including nursing facilities, assisted living centers, and mental health facilities.
Core Business: Sabra focuses on acquiring, owning, and financing real estate assets in the healthcare sector. The company’s business model involves leasing properties to healthcare operators, which ensures a steady stream of income. This strategic approach allows Sabra to leverage the growing demand for quality healthcare facilities across the nation.
Recent Achievements: Sabra has recently expanded its portfolio by acquiring several high-quality healthcare properties. These acquisitions are part of Sabra's ongoing strategy to enhance its property mix and geographical presence, positioning the company for long-term growth in the healthcare real estate market.
Current Projects: The company is actively involved in several development and renovation projects aimed at upgrading their existing facilities and supporting their tenants in delivering top-notch healthcare services. These projects are expected to improve operational efficiencies and the overall value of their property portfolio.
Financial Condition: Sabra continues to demonstrate financial stability with a strong balance sheet. The company’s revenue is primarily derived from leasing agreements, providing a reliable income stream. Sabra's prudent financial management and selective investment in high-quality assets contribute to its robust financial condition.
Partnerships: Sabra collaborates with a wide range of healthcare operators, from small local providers to large national chains. These partnerships are crucial for maintaining and enhancing the quality and accessibility of healthcare services across its properties.
Products: Sabra’s offerings include long-term leases on various types of healthcare facilities. These properties are designed to meet the specific needs of different healthcare sectors, ensuring that tenants have the necessary infrastructure to provide excellent care to their patients.
Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced the release date for its 2021 second quarter earnings on August 4, 2021. A conference call is scheduled for August 5 at 10:00 a.m. Pacific Time to discuss the results. U.S. participants can join by calling 844-862-3710, while international participants can call 612-979-9902, using conference ID 8140736. A webcast of the call will be available online, and a digital replay can be accessed via the company's website.
Sabra Health Care operates as a self-administered, self-managed REIT focusing on healthcare industry real estate across the U.S. and Canada.
Sabra Health Care REIT (Nasdaq: SBRA) announces the passing of founding board member Milt Walters. CEO Rick Matros expressed deep sadness over Walters' death, highlighting his intelligence, optimism, and significant contributions to Sabra and Sun Healthcare Group. Walters played a pivotal role in the emergence of Sun from bankruptcy in 2002 and was instrumental in forming Sabra. His legacy as a kind and insightful leader will be dearly missed by the team at Sabra. The company operates as a self-administered REIT focused on investments in healthcare-related real estate across the U.S. and Canada.
Sabra Health Care REIT (Nasdaq: SBRA) announced that Talya Nevo-Hacohen, Chief Investment Officer, will attend ASHA’s Mid-Year Meeting on July 26-27, 2021. She will participate in a panel during the ASHA Executive Board Meeting on July 27 at the Hyatt Regency Lake Tahoe Resort in Incline Village, Nevada. This engagement highlights Sabra's commitment to the healthcare real estate sector.
About Sabra: Sabra operates as a self-administered, self-managed REIT, focusing on healthcare real estate investments across the U.S. and Canada.
Sabra Health Care REIT (Nasdaq: SBRA) announced a virtual non-deal roadshow on July 13, 2021. Key executives, including CEO Rick Matros and CFO Harold Andrews, will participate in this event hosted by JMP. As a self-managed real estate investment trust, Sabra focuses on investing in healthcare real estate across the U.S. and Canada, aiming to enhance its portfolio in the sector.
Sabra Health Care REIT (Nasdaq: SBRA) announced that its top executives, including CEO Rick Matros, CFO Harold Andrews, CIO Talya Nevo-Hacohen, and EVP Michael Costa, will speak at Nareit’s REITweek Virtual Investor Conference from June 8 to June 10, 2021. The conference will provide insights into the company's strategies and performance in the healthcare real estate sector.
Sabra operates as a self-administered and self-managed REIT, focusing on investments in healthcare-related real estate across the United States and Canada.
Sabra Health Care REIT (Nasdaq: SBRA) announced participation in a virtual non-deal roadshow hosted by BMO on May 19, 2021. Key executives attending include Chairman and CEO Rick Matros, CFO Harold Andrews, CIO Talya Nevo-Hacohen, and EVP of Finance Michael Costa. Furthermore, Matros and Costa will represent the company at BofA's 2021 Health Care REITs and Operator Conference on May 25, 2021. As a self-administered, self-managed REIT, Sabra focuses on real estate investments in the healthcare sector across the U.S. and Canada.
Sabra Health Care REIT (Nasdaq: SBRA) reported Q1 2021 results with net income of $0.16 and FFO of $0.39 per diluted share. EBITDARM coverage increased to 1.99x, while occupancy rates are recovering post-COVID. The company collected 99.9% of projected rents during the pandemic, agreeing to temporary deferrals worth $0.8 million. Notable transactions included the acquisition of a $28.5 million treatment center and a $32.5 million senior housing community. Guidance for Q2 projects net income between $0.13 and $0.14 per share, reflecting ongoing recovery efforts.
Sabra Health Care REIT (Nasdaq: SBRA) will release its 2021 Q1 earnings on May 5, 2021. A conference call is scheduled for May 6 at 10:00 AM PT to discuss the results. U.S. participants can dial 844-862-3710, while international participants can call 612-979-9902, using conference ID 6384625. A webcast will also be available for those interested. The REIT focuses on real estate investments in the healthcare sector across the U.S. and Canada.
Sabra Health Care REIT (Nasdaq: SBRA) has announced that key executives, including Chairman and CEO Rick Matros, CFO Harold Andrews, and CIO Talya Nevo-Hacohen, will participate in the 2nd Annual Mizuho Healthcare REIT Conference on April 6, 2021. This participation underscores Sabra's commitment to the healthcare real estate sector and provides a platform for discussing industry trends and opportunities.
About Sabra: Sabra Health Care REIT is a self-administered and self-managed REIT focused on investing in healthcare-related real estate across the U.S. and Canada.