Sabra Health Care REIT Acquires a 100-Unit Senior Housing Facility and a Former Senior Housing Facility to be Converted to an Addiction Treatment Center

Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) announced Tuesday the acquisition of a 100-unit senior housing facility in Augusta, Georgia and a former senior housing facility in Gulf Breeze, Florida for an aggregate purchase price of $28.5 million. On March 5, 2021, Sabra completed the acquisition of a 100-unit assisted living and memory care facility, The Claiborne at West Lake, located in Augusta, Georgia. The community opened in late 2018 and was nearly 90% occupied at the time of the transaction.

Read the full article: Sabra Health Care REIT Acquires a 100-Unit Senior Housing Facility and a Former Senior Housing Facility to be Converted to an Addiction Treatment Center //

Source: https://www.businesswire.com/news/home/20210323005271/en/Sabra-Health-Care-REIT-Acquires-a-100-Unit-Senior-Housing-Facility-and-a-Former-Senior-Housing-Facility-to-be-Converted-to-an-Addiction-Treatment-Center

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