Sabra Health Care REIT
New Senior Investment Group is moving a group of 51 Holiday Retirement communities that have "lagged expectations" from its triple-net lease portfolio to its portfolio of managed properties as part of an ongoing strategic review process, the REIT said Thursday.
Sabra Health Care REIT has a $1 billion acquisition pipeline, CEO Rick Matros told participants in a third-quarter earnings call on Thursday. But don't expect any big announcements from the real estate investment trust for the rest of this year, he added.
While I have been attending NIC conferences for more than two decades, I marvel at how relevant and informative they continue to be. The 2017 event was no exception. Here are but four takeaways from last week's event.
Sabra Health Care REIT will acquire a 49% equity interest in a $1.62 billion portfolio of 183 senior housing communities managed by Enlivant, the companies announced Tuesday.
Sabra Health Care REIT will continue efforts to diversify its asset base now that its merger with skilled nursing-focused Care Capital Properties has been approved by the boards of both companies, the real estate investment trust's CEO and chairman, Richard Matros, told McKnight's Senior Living on Wednesday.
Holiday Retirement's operating model transition, which saw community oversight change from live-in managers to more traditional executive directors over the past year, continued to affect occupancy in the second quarter and, therefore, the portfolio performance of New Senior Investment Group, the publicly traded real estate investment trust's CEO, Susan Givens, told participants in a Thursday earnings call.
Touring residential facilities, interacting with older adults positively enhances medical residents' knowledge of issues and needs ... Radio and health appliance for people with dementia under development ... Fate of Medicaid HCBS still in the hands of Congress ... Hudson Bay Capital urges Sabra shareholders to reject Care Capital Properties acquisition
Seniors housing and care transactions decreased by 17% in the first quarter compared with the same quarter last year, but dollars committed increased by 300%, according to new report.
CBO releases analysis of president's 2018 budget ... Social Security Administration issues 2017 Trustee Report ... Retirement communities move into the insurance business ... Sabra shareholders urged to reject Care Capital deal
Sabra Health Care REIT and Care Capital Properties will merge to form a healthcare real estate investment trust with a portfolio of 564 investments across 43 states and Canada, the companies announced Sunday evening.
The National Investment Center for Seniors Housing & Care has launched a new initiative to track and report aggregated data on seniors housing actual rents using a standard file format with standard field definitions.
Greystone Real Estate Advisors closed the sale of a senior housing portfolio to Sabra Health Care in Canada for $137.1 million.