Sabra Healthcare REIT Inc (SBRA) 28.23 $SBRA
Sabra Health Care REIT, Inc. Reaffirms 2014 Normalized FFO and Normalized Affo Guidance
GlobeNewswire - 1 hr 18 mins ago
Sabra Health Care REIT, Inc. ("Sabra", the "Company" or "we"
reaffirmed its guidance ranges for Normalized FFO and Normalized AFFO per diluted common share for the full year 2014. The reaffirmed guidance includes the impact of all investing and financing activity through May 12, 2014 (including our recently completed issuance of 8,050,000 shares of common stock and the use of the substantial majority of the proceeds thereof to repay borrowings outstanding on our revolving credit facility) and assumes that the remaining $30.1 million commitment under the Forest Park Medical Center - Fort Worth construction loan is funded with the proceeds remaining from our recently completed equity offering and available cash. No other investment or financing activities are assumed in the guidance. Commenting on the reaffirmed 2014 guidance, Rick Matros, CEO and Chairman, said, "We were able, from a timing perspective, to have the equity offering coincide with our investment activity to date, so that the dilution from the offering is effectively offset by the $166 million in investment activity to date. We also assume we'll finish out the construction financing for the Fort Worth hospital which is $30.1 million. The guidance does not include any other investment activity for the year despite our belief that our total investment activity for the year will still be in the $350-400 million range. Additionally, the equity offering allowed us to very quickly achieve our leverage ratio goal with that ratio dropping from 5.29x to 4.14x. Our capital available for investments currently stands at over $340 million inclusive of the availability under our revolving credit facility and availability under our ATM program should we choose to use that."
Sabra Health Care REIT Prices Public Offering of 7,000,000 Shares of Common Stock
GlobeNewswire - Tue May 06, 8:22PM CDT
Sabra Health Care REIT, Inc. ("Sabra" (Nasdaq:SBRA) today announced the pricing of an underwritten public offering of 7,000,000 shares of its common stock at a price to the public of $28.35 per share. Sabra has granted the underwriters a 30-day option to purchase up to 1,050,000 additional shares of its common stock. Sabra expects to receive net proceeds, after deducting the underwriting discount and Sabra's estimated offering expenses, of approximately $189.9 million from the offering, or $218.5 million if the underwriters exercise their option to purchase additional shares in full. Sabra expects to issue and deliver the shares of its common stock on or about May 12, 2014, subject to customary closing conditions.
Sabra Health Care REIT Announces Public Offering of 7,000,000 Shares of Common Stock
GlobeNewswire - Tue May 06, 3:23PM CDT
Sabra Health Care REIT, Inc. ("Sabra" (Nasdaq:SBRA) announced today that it plans to offer 7,000,000 shares of its common stock in an underwritten public offering. In connection with the offering, Sabra expects to grant the underwriters a 30-day option to purchase up to 1,050,000 additional shares of its common stock.
Sabra Reports First Quarter 2014 Results and Increases Quarterly Common Dividend by 6%; Reports Increases in Normalized FFO and Normalized AFFO Per Share of 20% and 23%, Respectively Over First Quarter 2013
GlobeNewswire - Mon May 05, 3:39PM CDT
Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we" (Nasdaq:SBRA) today announced results of operations for the first quarter of 2014.
Sabra Acquires Indiana Senior Housing Campus in $23.8 Million Sale/Leaseback Transaction; Funds Additional Preferred Equity Investment of $1.7 Million
GlobeNewswire - Wed Apr 30, 4:04PM CDT
Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we" (Nasdaq:SBRA) (Nasdaq:SBRAP) announced today the acquisition of a senior housing campus in Fort Wayne, Indiana ("Park Place" for $23.8 million and a preferred equity investment for the completion of a memory care facility located in Colorado Springs, Colorado of $1.7 million.
Sabra Health Care REIT, Inc. Announces 2014 First Quarter Earnings Release Date and Conference Call
GlobeNewswire - Tue Apr 22, 3:19PM CDT
Sabra Health Care REIT, Inc. (Nasdaq:SBRA) announced today that it will issue its 2014 first quarter earnings release after close of market on Monday May 5th, 2014.
Sabra Health Care REIT, Inc. Senior Management to Participate in the 2014 Jefferies Global Healthcare and Life Science REIT Conference
GlobeNewswire - Tue Apr 01, 4:15PM CDT
Sabra Health Care REIT, Inc. (Nasdaq:SBRA) announced today that Rick Matros, the Company's Chairman and Chief Executive Officer, Harold Andrews, the Company's Chief Financial Officer, and Talya Nevo-Hacohen, the Company's Chief Investment Officer, will be participating in the 2014 Jefferies Global Healthcare and Life Science REIT Conference to be held on Tuesday, April 8, 2014 in New York City.
Sabra Exercises Purchase Option on Two Skilled Nursing Facilites for $24.5 Million
GlobeNewswire - Wed Mar 05, 3:06PM CST
Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we" (Nasdaq:SBRA) (Nasdaq:SBRAP) announced today that it has exercised its option to purchase and completed the acquisition of two skilled nursing facilities with a total of 254 licensed beds for $24.5 million (the "Chai Acquisition". The facilities are located in Colorado Springs, Colorado and Fort Pierce, Florida and have 147 and 107 beds, respectively.
Sabra Reports Fourth Quarter 2013 Results With Increased Normalized AFFO of 22% Over Fourth Quarter of 2012; Completes $90.0 Million Senior Housing Portfolio Investment; Reaffirms 2014 Guidance
GlobeNewswire - Wed Feb 26, 3:33PM CST
Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we" (Nasdaq:SBRA) (Nasdaq:SBRAP) today announced results of operations for the fourth quarter of 2013.
Lubega Predicts Ko Win
by Moses Mugalu - All Africa Global Media - Wed Feb 26, 12:33AM CST
Professional boxer Joseph Lubega has predicted a knockout victory over South African Ryno Liebenberg in their scheduled World Boxing Council International (WBC-I) light heavyweight title contest due this Saturday, March 1 in Johannesburg.
American Tower Misses on Earnings, Guides High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 25, 8:24AM CST
American Tower Corp. reported mixed fourth-quarter 2013 results where the bottom line missed the Zacks Consensus Estimate but the top line outpaced the same.
RLJ Lodging Divests 11 Hotels - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 4:10PM CST
In order to ensure a smooth progress of its capital recycling program, RLJ Lodging divested a portfolio of 11 hotels for about $85.0 million.
Sabra Health Care REIT, Inc. to Present at the 2014 Citi Global Property CEO Conference
GlobeNewswire - Mon Feb 24, 8:30AM CST
Sabra Health Care REIT, Inc. (Nasdaq:SBRA) (Nasdaq:SBRAP) announced today that Rick Matros, the company's Chairman and Chief Executive Officer, will present at the 2014 Citi Global Property CEO Conference at The Westin Diplomat in Hollywood, Florida on Tuesday March 4, 2014 at 8:10 AM Eastern time.
Forget Dow Dogs, REITs Are More Faithful - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 9:52AM CST
If you are a dividend lover, it's time to switch to these REITs.
Healthcare Realty FFO Beats, Shares Gain - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 8:15AM CST
Healthcare Realty reported fourth-quarter 2013 normalized FFO per share of 36 cents, beating the Zacks Consensus Estimate by 2 cents, primarily due to a rise in revenue.
Liberty Property Breaks Ground at Legacy at Fallbrook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 2:20PM CST
Liberty Property disclosed the groundbreaking of a Class A office building at its development project ??? Legacy at Fallbrook ??? at 10720 West Sam Houston Parkway North.
Prologis Inks Deal with TRANSALLIANCE - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 5:00PM CST
California-based industrial real estate investment trust (REIT) Prologis, Inc. disclosed the penning of a redevelopment lease deal for a total space of 702,000 square feet in Paris.
PS Business Parks' FFO Beats, Hikes Dividend - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 10:10AM CST
Real estate investment trust (REIT) PS Business Parks Inc.'s fourth-quarter 2013 adjusted FFO (fund from operations) per share came in at $1.26, beating the Zacks Consensus Estimate of $1.20
Health Care REIT Q4 FFO & Revs Beat Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 9:22AM CST
Health Care REIT reported fourth-quarter 2013 normalized FFO of 99 cents per share, 2 cents ahead of the Zacks Consensus Estimate and up 14 cents year over year.
Vornado to Sell Its Last Mall in Long Island - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 2:30PM CST
On Feb 14, Real estate investment trust (REIT) Vornado Realty Trust declared that it has inked a deal to sell Broadway Mall for $94 million.
Sabra Health Care REIT, Inc. Reaffirms 2014 Normalized FFO and Normalized Affo Guidance
GlobeNewswire - 1 hr 18 mins ago
Sabra Health Care REIT, Inc. ("Sabra", the "Company" or "we"
reaffirmed its guidance ranges for Normalized FFO and Normalized AFFO per diluted common share for the full year 2014. The reaffirmed guidance includes the impact of all investing and financing activity through May 12, 2014 (including our recently completed issuance of 8,050,000 shares of common stock and the use of the substantial majority of the proceeds thereof to repay borrowings outstanding on our revolving credit facility) and assumes that the remaining $30.1 million commitment under the Forest Park Medical Center - Fort Worth construction loan is funded with the proceeds remaining from our recently completed equity offering and available cash. No other investment or financing activities are assumed in the guidance. Commenting on the reaffirmed 2014 guidance, Rick Matros, CEO and Chairman, said, "We were able, from a timing perspective, to have the equity offering coincide with our investment activity to date, so that the dilution from the offering is effectively offset by the $166 million in investment activity to date. We also assume we'll finish out the construction financing for the Fort Worth hospital which is $30.1 million. The guidance does not include any other investment activity for the year despite our belief that our total investment activity for the year will still be in the $350-400 million range. Additionally, the equity offering allowed us to very quickly achieve our leverage ratio goal with that ratio dropping from 5.29x to 4.14x. Our capital available for investments currently stands at over $340 million inclusive of the availability under our revolving credit facility and availability under our ATM program should we choose to use that." Sabra Health Care REIT Prices Public Offering of 7,000,000 Shares of Common Stock
GlobeNewswire - Tue May 06, 8:22PM CDT
Sabra Health Care REIT, Inc. ("Sabra"
(Nasdaq:SBRA) today announced the pricing of an underwritten public offering of 7,000,000 shares of its common stock at a price to the public of $28.35 per share. Sabra has granted the underwriters a 30-day option to purchase up to 1,050,000 additional shares of its common stock. Sabra expects to receive net proceeds, after deducting the underwriting discount and Sabra's estimated offering expenses, of approximately $189.9 million from the offering, or $218.5 million if the underwriters exercise their option to purchase additional shares in full. Sabra expects to issue and deliver the shares of its common stock on or about May 12, 2014, subject to customary closing conditions. Sabra Health Care REIT Announces Public Offering of 7,000,000 Shares of Common Stock
GlobeNewswire - Tue May 06, 3:23PM CDT
Sabra Health Care REIT, Inc. ("Sabra"
(Nasdaq:SBRA) announced today that it plans to offer 7,000,000 shares of its common stock in an underwritten public offering. In connection with the offering, Sabra expects to grant the underwriters a 30-day option to purchase up to 1,050,000 additional shares of its common stock. Sabra Reports First Quarter 2014 Results and Increases Quarterly Common Dividend by 6%; Reports Increases in Normalized FFO and Normalized AFFO Per Share of 20% and 23%, Respectively Over First Quarter 2013
GlobeNewswire - Mon May 05, 3:39PM CDT
Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we"
(Nasdaq:SBRA) today announced results of operations for the first quarter of 2014. Sabra Acquires Indiana Senior Housing Campus in $23.8 Million Sale/Leaseback Transaction; Funds Additional Preferred Equity Investment of $1.7 Million
GlobeNewswire - Wed Apr 30, 4:04PM CDT
Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we"
(Nasdaq:SBRA) (Nasdaq:SBRAP) announced today the acquisition of a senior housing campus in Fort Wayne, Indiana ("Park Place" for $23.8 million and a preferred equity investment for the completion of a memory care facility located in Colorado Springs, Colorado of $1.7 million. Sabra Health Care REIT, Inc. Announces 2014 First Quarter Earnings Release Date and Conference Call
GlobeNewswire - Tue Apr 22, 3:19PM CDT
Sabra Health Care REIT, Inc. (Nasdaq:SBRA) announced today that it will issue its 2014 first quarter earnings release after close of market on Monday May 5th, 2014.
Sabra Health Care REIT, Inc. Senior Management to Participate in the 2014 Jefferies Global Healthcare and Life Science REIT Conference
GlobeNewswire - Tue Apr 01, 4:15PM CDT
Sabra Health Care REIT, Inc. (Nasdaq:SBRA) announced today that Rick Matros, the Company's Chairman and Chief Executive Officer, Harold Andrews, the Company's Chief Financial Officer, and Talya Nevo-Hacohen, the Company's Chief Investment Officer, will be participating in the 2014 Jefferies Global Healthcare and Life Science REIT Conference to be held on Tuesday, April 8, 2014 in New York City.
Sabra Exercises Purchase Option on Two Skilled Nursing Facilites for $24.5 Million
GlobeNewswire - Wed Mar 05, 3:06PM CST
Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we"
(Nasdaq:SBRA) (Nasdaq:SBRAP) announced today that it has exercised its option to purchase and completed the acquisition of two skilled nursing facilities with a total of 254 licensed beds for $24.5 million (the "Chai Acquisition". The facilities are located in Colorado Springs, Colorado and Fort Pierce, Florida and have 147 and 107 beds, respectively. Sabra Reports Fourth Quarter 2013 Results With Increased Normalized AFFO of 22% Over Fourth Quarter of 2012; Completes $90.0 Million Senior Housing Portfolio Investment; Reaffirms 2014 Guidance
GlobeNewswire - Wed Feb 26, 3:33PM CST
Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we"
(Nasdaq:SBRA) (Nasdaq:SBRAP) today announced results of operations for the fourth quarter of 2013. Lubega Predicts Ko Win
by Moses Mugalu - All Africa Global Media - Wed Feb 26, 12:33AM CST
Professional boxer Joseph Lubega has predicted a knockout victory over South African Ryno Liebenberg in their scheduled World Boxing Council International (WBC-I) light heavyweight title contest due this Saturday, March 1 in Johannesburg.
American Tower Misses on Earnings, Guides High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 25, 8:24AM CST
American Tower Corp. reported mixed fourth-quarter 2013 results where the bottom line missed the Zacks Consensus Estimate but the top line outpaced the same.
RLJ Lodging Divests 11 Hotels - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 4:10PM CST
In order to ensure a smooth progress of its capital recycling program, RLJ Lodging divested a portfolio of 11 hotels for about $85.0 million.
Sabra Health Care REIT, Inc. to Present at the 2014 Citi Global Property CEO Conference
GlobeNewswire - Mon Feb 24, 8:30AM CST
Sabra Health Care REIT, Inc. (Nasdaq:SBRA) (Nasdaq:SBRAP) announced today that Rick Matros, the company's Chairman and Chief Executive Officer, will present at the 2014 Citi Global Property CEO Conference at The Westin Diplomat in Hollywood, Florida on Tuesday March 4, 2014 at 8:10 AM Eastern time.
Forget Dow Dogs, REITs Are More Faithful - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 9:52AM CST
If you are a dividend lover, it's time to switch to these REITs.
Healthcare Realty FFO Beats, Shares Gain - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 8:15AM CST
Healthcare Realty reported fourth-quarter 2013 normalized FFO per share of 36 cents, beating the Zacks Consensus Estimate by 2 cents, primarily due to a rise in revenue.
Liberty Property Breaks Ground at Legacy at Fallbrook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 2:20PM CST
Liberty Property disclosed the groundbreaking of a Class A office building at its development project ??? Legacy at Fallbrook ??? at 10720 West Sam Houston Parkway North.
Prologis Inks Deal with TRANSALLIANCE - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 5:00PM CST
California-based industrial real estate investment trust (REIT) Prologis, Inc. disclosed the penning of a redevelopment lease deal for a total space of 702,000 square feet in Paris.
PS Business Parks' FFO Beats, Hikes Dividend - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 10:10AM CST
Real estate investment trust (REIT) PS Business Parks Inc.'s fourth-quarter 2013 adjusted FFO (fund from operations) per share came in at $1.26, beating the Zacks Consensus Estimate of $1.20
Health Care REIT Q4 FFO & Revs Beat Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 9:22AM CST
Health Care REIT reported fourth-quarter 2013 normalized FFO of 99 cents per share, 2 cents ahead of the Zacks Consensus Estimate and up 14 cents year over year.
Vornado to Sell Its Last Mall in Long Island - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 2:30PM CST
On Feb 14, Real estate investment trust (REIT) Vornado Realty Trust declared that it has inked a deal to sell Broadway Mall for $94 million.
