Sabra Health Care REIT Acquires a 100-Unit Senior Housing Facility and a Former Senior Housing Facility to be Converted to an Addiction Treatment Center
Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced the acquisition of a 100-unit senior housing facility in Augusta, Georgia and a former senior housing facility in Gulf Breeze, Florida for an aggregate purchase price of
On March 5, 2021, Sabra completed the acquisition of a 100-unit assisted living and memory care facility, The Claiborne at West Lake, located in Augusta, Georgia. The community opened in late 2018 and was nearly
On March 15, 2021, Sabra completed the acquisition of a vacant senior housing facility located in Gulf Breeze, Florida. Sabra will fund up to
“These transactions show Sabra’s commitment and ability to creatively structure accretive investments for our shareholders. We are very excited to begin a new relationship with Claiborne Senior Living and to expand our already successful relationship with Landmark Recovery,” said Talya Nevo-Hacohen, Sabra’s Chief Investment Officer.
About Sabra
Sabra operates as a self-administered, self-managed real estate investment trust (a “REIT”) that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.
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