---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-300656"
form_type: "8-K"
ticker: "SBRA"
cik: "0001492298"
company_name: "Sabra Health Care REIT, Inc."
filed_at: "2021-10-18T23:59:59+00:00"
generated_at: "2026-06-28T20:16:49.044107+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sabra closes $290M RCA mortgage loan, buys Jasper senior housing for $26.3M, transitions 3 SNFs to Ensign

## Summary
- First tranche of $325M RCA mortgage loan funded at $290M, secured by six addiction treatment centers; second $35M tranche contingent on debt service coverage.
- Acquired 113-unit Jasper, IN senior housing for $26.3M; triple-net lease at 6.93% with CPI escalator (floor 2.25%, ceiling 3.0%); 94% occupied, 1.20x coverage.
- Transitioned three skilled nursing facilities (348 beds) in Idaho and Texas to Ensign Group affiliates under 20-year master lease at $1.9M initial annual rent.
- Leases include extension options: Jasper 15-year initial with two 5-year options; Ensign 20-year initial with two 5-year options.

## SEC filing metadata
- accession: 0001193125-21-300656
- form_type: 8-K
- ticker: SBRA
- cik: 0001492298
- company_name: Sabra Health Care REIT, Inc.
- filed_at: 2021-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492298/000119312521300656/0001193125-21-300656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492298/000119312521300656/d46002d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-300656
- JSON: https://secwatch.observer/filing/0001193125-21-300656.json
- Plain text: https://secwatch.observer/filing/0001193125-21-300656.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
