| Market Capitalization (Millions $) |
5,219 |
| Shares
Outstanding (Millions) |
256 |
| Employees |
58 |
| Revenues (TTM) (Millions $) |
813 |
| Net Income (TTM) (Millions $) |
156 |
| Cash Flow (TTM) (Millions $) |
94 |
| Capital Exp. (TTM) (Millions $) |
587 |
Business Description
Sabra Health Care REIT, Inc. is a publicly traded real estate investment trust (REIT) that primarily invests in healthcare-related properties. The companyes portfolio includes skilled nursing/transitional care facilities, senior housing communities, and other healthcare-related properties located in the United States.
Sabra Health Care REIT was founded in 2010 and is headquartered in Irvine, California. As of December 31, 2020, the company owned 423 healthcare properties across 42 states in the U.S. Its properties were leased to 194 tenants, which included some of the largest healthcare providers in the country.
The companyes focus on the healthcare industry is driven by the demographic trends of an aging population and increasing demand for healthcare services. Sabra Health Care REIT aims to provide investors with steady and reliable income streams through long-term leases with its tenants.
Sabra Health Care REIT is categorized as a triple-net REIT, which means that its tenants are responsible for paying property taxes, insurance, and maintenance costs in addition to rent. This structure provides the company with stable and predictable cash flows, which helps it to maintain consistent dividend payments to shareholders.
In addition to its core business of healthcare-related properties, Sabra Health Care REIT has also pursued growth through strategic acquisitions. In 2017, the company merged with Care Capital Properties, Inc., which added 339 properties to its portfolio. This acquisition significantly expanded its presence in the skilled nursing facilities and senior housing markets.
Sabra Health Care REIT is committed to responsible and sustainable business practices. In 2020, the company was included in the Dow Jones Sustainability North America Index, which recognizes companies that demonstrate leadership in environmental, social, and governance (ESG) practices.
In summary, Sabra Health Care REIT, Inc. is a real estate investment trust that primarily invests in healthcare-related properties. Its focus on the healthcare industry is driven by demographic trends, and its triple-net lease structure provides stable and predictable cash flows. The company has pursued growth through strategic acquisitions and is committed to responsible and sustainable business practices.
Company Address: 1781 Flight Way Tustin 92782 CA
Company Phone Number: 393-8248 Stock Exchange / Ticker: NASDAQ SBRA
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