Senior care providers increase scale with previously announced transaction
By Connie M. McCaffrey
Sabra Health Care REIT Inc. (Nasdaq: SBRA), a self-administered, self-managed real estate investment trust (REIT) which is headquartered in Irving, Calif., recently announced and that it has completed its merger with Chicago-based Care Capital Properties Inc. (CCP). The merged companies will operate as Sabra.
Through its subsidiaries, Sabra owns and invests in real estate serving the healthcare industry and leases properties to tenants and operators throughout the United States and Canada. CCP has focused on owning, acquiring, and leasing skilled nursing facilities and other healthcare assets operated by private regional and local care providers in the United States.
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