Skilled Nursing News November 1, 2024
Sabra Healthcare REIT (Nasdaq: SBRA) has had several quarters in a row of continuing occupancy and rent coverage improvement in all of its primary asset classes, including skilled nursing, distancing themselves from the pandemic, leaders said.
Meanwhile, its investment pipeline is seeing more activity in the past months, with primarily deals of one or two assets – certainly much smaller compared to the $500 million deal involving CareTrust REIT (NYSE: CTRE) and a JV partner a couple days ago.
Sabra CEO Rick Matros said during the third quarter earnings call on Friday that his team is starting to see more market opportunities and is focused on doing high quality investments with good yields, and with trusted operators. The team is...
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