Sabra Health Care REIT (SBRA) Tops Q3 EPS by 6c
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Sabra Reports Third Quarter 2017 Results and Improved Balance Sheet With Leverage Lowered to 4.79x; Increases Quarterly Common Stock Dividend by 5%; Reports Smooth Integration of CCP and Subsequent In
November 1, 2017 4:06 PM EDTIRVINE, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. (Sabra, the Company or we) (NASDAQ: SBRA) (NASDAQ: SBRAP) today announced results of operations for the third quarter of 2017.
RECENT HIGHLIGHTS
During the third quarter of 2017, we completed our previously announced merger with Care Capital Properties, Inc. (CCP) and announced approximately $800 million of additional investments. We also announced that we have begun the process of marketing for sale up to all of the remaining 43 facilities leased to Genesis (in addition to the ongoing sales of the 35... More