‘Slow and steady’ wins the race as Sabra reports ‘encouraging’ operating trends
By
Kimberly Bonvissuto
Aug 09, 2023
Increasing occupancy and declining labor expenses are leading to promising operating trends for Sabra Health Care REIT, according to CEO, President and Chair Rick Matros.
Brookdale, Sabra detail second-quarter earnings
By
Kathleen Steele Gaivin
Aug 09, 2023
Second-quarter earnings reports continued Tuesday with calls held by Brookdale Senior Living and Sabra Health Care REIT.
Sabra Health Care REIT makes ‘forward leaps’ in ESG efforts
By
Kathleen Steele Gaivin
Jul 25, 2023
Sabra Health Care REIT made “forward leaps” last year in its environmental, social and governance framework and e-initiative roadmap, Chair, President and CEO Rick Matros said Monday in conjunction...
Enlivant to lay off 284 corporate employees amid financial restructuring
By
Kimberly Bonvissuto
Jun 12, 2023
Senior living operator Enlivant is laying off 284 employees at its Chicago corporate support center, according to a notification the company filed with the Illinois state government.
‘It feels good’: Senior living recovery continues to gain traction as labor challenges improve: Sabra
By
Kimberly Bonvissuto
May 05, 2023
Sabra Health Care REIT is continuing to see traction in operational recovery as senior living operators that overcame labor and wage challenges over the past two years now focus on occupancy, CEO and Chairman...
Earnings call round-up: Sabra, RMR, Amedysis
By
Kathleen Steele Gaivin
May 05, 2023
Executives from Sabra Health Care REIT, Amedysis and The RMR Group highlighted their first-quarter earnings Thursday to analysts and investors.
More news for Friday, April 7
By
Kimberly Bonvissuto
Apr 07, 2023
Pew highlights broadband challenges, opportunities in affordable housing … Older adults receive almost 200 weekly unwanted landline calls: study … Sabra Health Care REIT to move HQ to nearby building...
Sabra Health Care REIT to move HQ to nearby building ‘in line with ESG initiatives’
By
Kathleen Steele Gaivin
Apr 06, 2023
Sabra Health Care REIT is moving its headquarters from Irvine, CA, to nearby Tustin, CA, due to environmental concerns and a changing need for square footage, CEO Rick Matros told the McKnight’s Business...
Pandemic, debt market downturn force financial restructuring of Enlivant joint venture
By
Kimberly Bonvissuto
Apr 04, 2023
The negative impact of the COVID-19 pandemic and a downturn in the debt market has left a joint venture company operated by senior living provider Enlivant negotiating with its lenders on a finance restructuring.
Sabra, TPG negotiate financial restructuring for Enlivant JV
By
Kathleen Steele Gaivin
Apr 04, 2023
After an audit revealed “substantial doubt” about future viability of the Enlivant portfolio, the joint venture of Sabra Health Care REIT and TPG Real Estate is looking at restructuring its financing.