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Friday, May 1, 2026

Sabra Spends $59.1M for Properties

Irvine-based Sabra Healthcare REIT Inc. said today it bought eight properties in three states for $59.1 million.

The company buys various types of healthcare properties, including nursing homes and medical office buildings.

The real estate investment trust said the facilities are in Texas, Florida and Maryland.

Sabra also said it originated a $4.5 million loan to develop a 225-unit senior housing project in Celebration, Fla.

Shares of Sabra were up about 1% to a market value of $1.19 billion in midday trading.

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