$SBRA (Sabra Health Care REIT, Inc.)

$SBRA {{ '2016-04-04T13:37:54+0000' | timeago}} • Announcement

Self-administered and self-managed REIT $SBRA said that it has closed the sale of its investments in the Forest Park Medical Center, Frisco hospital. The company expects to use the proceeds from the sale and repayment of its debtor-in-possession loan investment to repay borrowings under the company's revolving credit facility.

$SBRA {{ '2017-09-26T12:08:37+0000' | timeago}} • Announcement

$SBRA has closed a sale/leaseback transaction with a west coast operator for 21 of 24 total skilled nursing/transitional care facilities for $378MM. The company expects to close the remaining three by 2017-end for an additional $52MM.

$SBRA {{ '2017-09-25T21:02:54+0000' | timeago}} • Announcement

$SBRA announced that it plans to offer 16MM shares of its common stock in an underwritten public offering. It expects to grant the underwriters a 30-day option to purchase up to 2.4MM additional shares of its common stock. The company intends to use the net proceeds to repay borrowings outstanding on Sabra’s revolving credit facility.

$SBRA {{ '2017-09-19T21:08:10+0000' | timeago}} • Announcement

$SBRA agreed to buy a 49% equity interest in entities that collectively own 183 senior housing communities managed by Enlivant. The transaction values the portfolio at $1.62Bil and Sabra’s 49% minority interest investment at $371MM. The transaction is expected to close prior to year-end 2017.

$SBRA {{ '2017-09-08T11:41:58+0000' | timeago}} • Announcement

$SBRA upgraded its outlook with diluted EPS in the range of $0.69-0.73, while FFO attributable to common shareholders is expected in the range of $1.17-1.21. For FY18, the company now expects diluted EPS in the range of $1.58-1.64, while AFFO attributable to common stockholders is expected in the range of $2.38-2.44.

$SBRA {{ '2017-08-17T13:56:42+0000' | timeago}} • Announcement

$SBRA and Care Capital Properties announced the completion of their merger to create a premier healthcare REIT. The transaction is expected to generate annual cost savings of about $20MM. With the completion of the transaction, $SBRA's previously announced amended and restated credit facility is now effective.

$SBRA {{ '2017-08-15T21:45:36+0000' | timeago}} • Announcement

$SBRA received shareholder approval for its pending merger with $CCP. The transaction is currently scheduled to close on August 17, 2017, subject to customary closing conditions.

$SBRA {{ '2017-08-04T13:09:57+0000' | timeago}} • Announcement

Independent proxy voting advisory firm, Glass Lewis & Co. recommended $SBRA shareholders vote For proposed transaction with $CCP at the company's upcoming Special Meeting on Aug. 15, 2017.

$CCP {{ '2017-08-03T15:22:47+0000' | timeago}} • Announcement

$CCP's BoD declared a prorated dividend on its common stock, conditioned upon the completion of its pending combination with $SBRA pursuant to a merger of $CCP with and into a subsidiary of $SBRA. The Merger is expected to occur on or about Aug. 17, 2017.

$SBRA {{ '2017-07-24T15:23:20+0000' | timeago}} • Announcement

Eminence Capital, which owns 3.9% of the common stock of $SBRA, has decided to vote against the company’s proposed acquisition of $CCP as Eminence views this transaction to be a poor strategic fit and the purchase price to be too high.

$SBRA {{ '2017-07-06T14:01:16+0000' | timeago}} • Announcement

$SBRA has hired Brent Chappell as EVP, Portfolio Manager effective immediately. Mr. Chappell has previously worked with LTC Properties, Inc. in the role of SVP of Investment and Portfolio Management.

$SBRA {{ '2017-05-08T13:13:13+0000' | timeago}} • Announcement

$SBRA $SBRAP to acquire $CCP. Upon closing of merger, $SBRA shareholders are expected to own approx. 41% and the former $CCP shareholders are expected to own approx. 59% of the combined company. The current management of $SBRA will lead the combined company, with Rick Matros as Chairman and CEO, Harold Andrews as CFO and Talya Nevo-Hacohen as CIO.

$SBRA {{ '2017-05-08T13:11:20+0000' | timeago}} • Announcement

$SBRA $SBRAP to acquire $CCP. Under the terms of the agreement, $CCP shareholders will receive 1.123 shares of $SBRA $SBRAP common stock for each share of $CCP common stock they own. The combined company is expected to have a pro forma total market capitalization of approx. $7.4Bil. The transaction is expected to close during 3Q17.

$SBRA {{ '2016-05-31T18:13:43+0000' | timeago}} • Announcement

$SBRA said, as of May 30, 2016, the outstanding principal balance on the Dallas mortgage loan was $110MM, with $14.6MM of accrued and unpaid interest and fees. $SBRA expects to fully realize all outstanding amounts upon closing of the sale, which would result in a 10.4% annualized rate of return on our investment, $SBRA said.

$SBRA {{ '2016-05-31T18:12:17+0000' | timeago}} • Announcement

$SBRA said borrowers under its Forest Park Medical Center, Dallas, mortgage loan filed a motion with the bankruptcy court to request approval for a sale of the Dallas real estate to an affiliate of $HCA. $HCA agreed to purchase the hospital real estate that serves as collateral for $SBRA's Dallas mortgage loan for $135MM, the company said.

$SBRA {{ '2016-05-13T12:06:59+0000' | timeago}} • Announcement

$SBRA said it provided an update on the auction of the FPMC Fort Worth Realty Partner's real estate. FPMC is the borrower under its Forest Park Medical Center â?? Fort Worth construction loan. $SBRA expects to fully realize all amounts outstanding under the Fort Worth construction loan upon closing of the sale to Texas Health Resources.

$SBRA {{ '2016-04-25T14:43:46+0000' | timeago}} • Announcement

$SBRA $SBRAP said the bankruptcy court approved this Texas Health Resources (THR) bid as the stalking horse bid in the auction process. Other bids for the auction are due by May 10 and if additional bids are received, an auction will be held on May 12. A hearing is scheduled for May 19 to approve the sale to the successful bidder.

$SBRA {{ '2016-04-25T14:42:34+0000' | timeago}} • Announcement

$SBRA $SBRAP said FPMC and Texas Health Resources (THR) on April 20 executed a purchase and sale agreement whereby THR will buy the hospital and medical office real estate that serve as collateral for construction loan for $112MM.

$SBRA {{ '2016-04-25T14:40:16+0000' | timeago}} • Announcement

$SBRA $SBRAP said the bankruptcy court has approved bidding procedures and an auction date for the sale of FPMC Fort Worth Realty Partner's real estate. FPMC is the borrower under its Forest Park Medical Center â?? Fort Worth construction loan. A hearing is scheduled for May 19 to approve the sale to the successful bidder.

$SBRA {{ '2016-04-04T13:37:54+0000' | timeago}} • Announcement

Self-administered and self-managed REIT $SBRA said that it has closed the sale of its investments in the Forest Park Medical Center, Frisco hospital. The company expects to use the proceeds from the sale and repayment of its debtor-in-possession loan investment to repay borrowings under the company's revolving credit facility.

$SBRA {{ '2016-02-11T11:37:55+0000' | timeago}} • Announcement

$SBRA expects to receive net proceeds in connection with the sale of the Frisco Hospital of $89.1-94.1MM. $SBRA predicts to recognize a loss in 1Q16 of $30-35MM on its investments in Frisco Hospital and debtor-in-possession loan, before consideration of about $21.3MM in guarantees from the owners of the Frisco Operator.

Recent Transcripts

SMRT (Stein Mart Inc.)
Wednesday, November 15 2017 - 9:30pm
SNH (Senior Housing Properties Trust)
Thursday, November 9 2017 - 6:00pm
CTRE (CareTrust REIT, Inc.)
Thursday, November 9 2017 - 5:00pm
STRS (Stratus Properties Inc.)
Thursday, November 9 2017 - 4:00pm
LTC (LTC Properties Inc.)
Thursday, November 9 2017 - 4:00pm
NHI (National Health Investors Inc.)
Wednesday, November 8 2017 - 5:00pm
LAND (Gladstone Land Corporation)
Wednesday, November 8 2017 - 1:30pm
SOHO (Sotherly Hotels Inc.)
Tuesday, November 7 2017 - 3:00pm
HCN (Welltower Inc.)
Tuesday, November 7 2017 - 3:00pm
NYMT (New York Mortgage Trust Inc.)
Friday, November 3 2017 - 1:00pm
SBUX (Starbucks Corporation)
Thursday, November 2 2017 - 9:00pm
HCP (HCP, Inc.)
Thursday, November 2 2017 - 5:00pm
SBRA (Sabra Health Care REIT, Inc.)
Thursday, November 2 2017 - 5:00pm
MPW (Medical Properties Trust Inc.)
Thursday, November 2 2017 - 3:00pm
HR (Healthcare Realty Trust Incorporated)
Thursday, November 2 2017 - 2:00pm
SFM (Sprouts Farmers Market, Inc.)
Thursday, November 2 2017 - 2:00pm
STRA (Strayer Education Inc.)
Wednesday, November 1 2017 - 2:00pm
CONE (Cyrusone Inc.)
Tuesday, October 31 2017 - 3:00pm
OHI (Omega Healthcare Investors Inc.)
Tuesday, October 31 2017 - 2:00pm
VTR (Ventas, Inc.)
Friday, October 27 2017 - 2:00pm

AlphaGraphics you may like