X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
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.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

More from this author

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.