Sabra Healthcare REIT (Nasdaq: SBRA) plans to take an incremental approach to growing its behavioral health portfolio. The Irvine, California-based real estate investment trust (REIT) has invested just over $800 million in the behavioral health space but finds opportunities to grow that business less frequently than its other segments, according to its Q3 earnings call. […]
Sabra Health Care REIT
When it comes to creating new behavioral health facilities, buying used may be a better bet than building new. Adaptive reuse conversions involve transforming buildings previously used for another purpose into behavioral health facilities. An increasing portion of the facilities adapted to behavioral health uses are skilled nursing facilities (SNF) or assisted living facilities. If […]
Sabra Healthcare REIT (Nasdaq: SBRA) boasts its most diversified portfolio as it continues to invest in behavioral health properties. While most of the Irvine, California-based real estate investment trust’s (REIT) assets are in the skilled nursing facility (SNF) and senior living spaces, behavioral health now makes up about 14% of its asset concentration. “Our portfolio […]
Partnering with real estate investment trusts (REITs) could be a major opportunity for certain behavioral health operators. That’s the case Sabra Health Care REIT (Nasdaq: SBRA) Chief Investment Officer Talya Nevo-Hacohen made during a panel chat at Behavioral Health Business event INVEST. Specifically, sponsor-backed operators that are dependent on a facility could be a good […]
Sabra Health Care REIT Inc. (Nasdaq: SBRA) is looking to expand its operator partnerships in behavioral health, especially in the addiction treatment space. Leaders of the Irvine, California-based real estate investment trust (REIT) said on a Tuesday third-quarter earnings call that behavioral health was a major investment sector for Sabra, right behind senior housing. “We […]
Sabra Health Care REIT (Nasdaq: SBRA) is investing $800 million into behavioral health as part of its plans to diversify its portfolio. The bulk of the REIT’s assets are in the skilled nursing facilities and senior living spaces. However, the company is expanding to include mental health and substance use facilities, attempting to tap into […]
Real estate investment trust Sabra Health Care REIT (Nasdaq: SBRA) is prioritizing behavioral health as it continues its strategy to diversify revenue, Sabra CEO Mark Rick Matros said during the company’s Q1 earnings call. The company, which also has existing assets in the skilled nursing facility and senior living space, said that it is looking […]
Health care real estate investment trusts (REITs) have largely been absent from the behavioral health market, but major players have started to invest and could change the financing landscape for years to come. Health care REITs that have high exposure to senior housing and skilled nursing properties see similarities with the behavioral health space to […]
Real estate firms Hicks Ventures and Artemis Real Estate Partners are collaborating on a $100 million joint venture (JV) to develop between 18-20 care facilities that include behavioral health hospitals. The JV – which will also encompass inpatient rehabilitation facilities – brings together the two firms who each have a sizable presence developing properties in […]
Sabra Health Care REIT (Nasdaq: SBRA), a national real estate investment trust, has entered into a proposed agreement to provide the Recovery Centers of America (RCA) with a $325 million mortgage loan, which would be secured by eight inpatient addiction treatment facilities. Six of the centers are stabilized while two properties, which opened during the […]