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Sabra Healthcare REIT ( (SBRA) ) has provided an announcement.
Sabra Health Care REIT, Inc. reported a robust third quarter for 2024, highlighting a net income of $0.13 per share and significant growth in managed senior housing cash NOI by 17.8% year-over-year. The company completed acquisitions worth $99.8 million, while shedding four skilled nursing facilities for $34.9 million. With a strong investment pipeline and increased guidance, Sabra projects earnings growth of over 6% for the year, supported by improved occupancy and margins in skilled nursing and senior housing sectors.
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