Sabra gains 678 new beds
Sabra Health Care REIT Inc. purchased four Maryland transitional care facilities for $234 million, the company announced in late June.
The facilities, known collectively as the NMS Portfolio, specialize in transitional care and medically complex post-surgical, ventilator and dialysis patients. They have a total of 678 beds.
Sabra and the current operator have agreed to enter a triple-net master lease agreement on three of the facilities, and will close on the fourth facility upon the assumption of an existing $10.8 million HUD loan.