secwatch.observer — SEC 8-K summary
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Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001492298-23-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabra Health Care REIT reports Q1 net loss $(0.04) per share, Normalized FFO $0.33
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- Net loss per diluted share $(0.04); Normalized FFO $0.33, AFFO $0.33.
- Closed $70.2M in acquisitions (three senior housing assets) with ~8% stabilized yields.
- Generated $190M gross proceeds from disposition of seven skilled nursing and two senior housing properties.
- Net Debt to Adjusted EBITDA 5.52x; declared $0.30/share dividend payable May 31, 2023.
- Withdrew from Enlivant JV; plans to transition 11 owned senior housing properties to new operator.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000149229823000013/0001492298-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000149229823000013/sbra-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001492298-23-000013

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