Irvine The Irvine, Ca-based REIT’s investment is valued at $371 million.

IRVINE, CA—Sabra Health Care REIT Inc. has entered into definitive agreements to acquire a 49% equity interest in entities that collectively own 183 senior-housing communities managed by Enlivant Joint Ventures. The portfolio is valued at $1.62 billion, and Sabra’s minority-interest investment is valued at $371 million; the transaction is expected to close by year-end 2017.