secwatch.observer — SEC 8-K summary
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Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001492298-23-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabra Q4 2022 net loss $0.37/diluted share; Normalized FFO $0.37; dividend $0.30
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- Q4 2022 net loss per diluted share $(0.37); Normalized FFO $0.37, AFFO $0.34.
- Completed transition of 24 North American facilities to Ensign/Avamere with initial annual rent $34.5M.
- Acquired 85% interest in three Canadian senior housing managed JV for $52.1M at 7.6% stabilized yield.
- Subsequent to Q4: $158.7M gross proceeds from dispositions; acquired managed senior housing for $40.8M at 7.3% yield.
- Declared quarterly dividend $0.30/share payable Feb 28, 2023; pro forma Net Debt/EBITDA 5.38x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000149229823000005/0001492298-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000149229823000005/sbra-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001492298-23-000005

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