Sabra Health Care REIT, Inc. Closes Sale of Forest Park Medical Center - Frisco

IRVINE, Calif., April 04, 2016 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. (NASDAQ: SBRA) (NASDAQ: SBRAP) announced today that it has closed on the previously-announced 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.

ABOUT SABRASabra Health Care REIT, Inc. (NASDAQ: SBRA) (NASDAQ: SBRAP), a Maryland corporation, operates as a self-administered, self-managed real estate investment trust (a "REIT") that, through its subsidiaries, owns and invests in real estate serving the healthcare industry. Sabra leases properties to tenants and operators throughout the United States and Canada.

The Sabra Health Care REIT, Inc. logo is available athttp://www.globenewswire.com/newsroom/prs/?pkgid=8563

 

Contact: Investor & Media Inquiries: (949) 679-0410

Source: Sabra Health Care REIT, Inc.

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