Sabra Health Care REIT, Inc. Provides Earnings Guidance for the Year 2024
February 21, 2023 at 04:05 pm
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Sabra Health Care REIT, Inc. provided earnings guidance for the year 2024. The company's expectation that 2023 will be a relatively quiet year for the company; the expectations regarding continued recovery from the pandemic and potential earnings growth in 2024.
Sabra Health Care REIT, Inc. operates as a self-administered, self-managed real estate investment trust (REIT) that, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company's primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector. Its investment portfolio is primarily comprised of skilled nursing/transitional care facilities, senior housing communities (Senior Housing - Leased), behavioral health facilities, and specialty hospitals and other facilities, in each case leased to third-party operators; senior housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed); investments in joint ventures; loans receivable, and preferred equity investments. Its real estate properties held for investment include approximately 37,834 beds/units, spread across the United States and Canada.
SABRA HEALTH CARE REIT, INC. 
