secwatch.observer — SEC 8-K summary
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Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001492298-25-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabra Q2 Normalized FFO $0.37; invests $122M YTD; closes $500M term loan; updates FY guidance
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- Q2 Normalized FFO $0.37, Normalized AFFO $0.38, Net Income $0.27 per diluted share.
- Closed $500M unsecured term loan at fixed 4.64% due 2030; redeemed $500M 5.125% notes due 2026.
- Invested $122.3M YTD in senior housing at 7.5-7.7% cash yields; awarded $220M additional investments.
- Same store managed senior housing Cash NOI up 17.1% YoY; EBITDARM coverage improved across all segments.
- Updated FY2025 guidance: Normalized FFO $1.45-$1.47, Normalized AFFO $1.49-$1.51; dividend $0.30/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000149229825000030/0001492298-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000149229825000030/sbra-20250804.htm
  HTML page:      https://secwatch.observer/filing/0001492298-25-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer