Greystone sells $137.1M portfolio to Sabra

Greystone Real Estate Advisors closed the sale of a senior housing portfolio to Sabra Health Care in Canada for $137.1 million.

The package consists of eight independent senior living facilities and one assisted living facility. Currently, 302 units are located in British Columbia and 563 are in Ontario, Canada, but Sabra can purchase two additional facilities in Ontario with the transaction.

The Real Estate Advisors team has extensive experience in providing expertise on selling or purchasing senior housing, including independent living, memory care and assisted living facilities.