Transactions: Sabra REIT moves into acute-care space with Texas deals

DALLAS  – For the most part, Irvine, Calif.-based Sabra Health Care REIT Inc. (Nasdaq: SBRA) looks to grow its portfolio primarily through the acquisition of senior housing and memory care facilities, with a secondary focus on skilled nursing facilities (SNFs).

However, it also continues to search for “opportunistic” acquisitions of other types of healthcare real estate, including acute care hospitals.

The REIT recently closed on three of those “opportunistic” deals, as it spent more than $230 million, and earmarked another $66 million, as an investment in three Texas facilities operated by Dallas-based Forest Park Medical Center, an acute-care hospital operating company owned by physician-investors.

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In

Comments are closed, but trackbacks and pingbacks are open.