Updated:
Sabra Health Care REIT
At Sabra, we know that what matters most is what happens inside our buildings. As former operators, we are uniquely positioned to succeed, and look to align...
Sabra Health Care REIT
At Sabra, we know that what matters most is what happens inside our buildings. As former operators, we are uniquely positioned to succeed, and look to align ourselves with operators who share our passion for quality care. As a leading health care REIT, we own and invests in real estate serving the healthcare industry throughout the United States and Canada. Our acquisition efforts are primarily focused on skilled nursing, senior housing and behavioral health facilities. Our passion for the industry and especially for the well-being of the patients and residents cared for at our properties is at the heart of everything we do here at Sabra. This commitment is reflected in the way we work. We promote a culture that fosters inclusion, diversity, collaboration and fresh thinking. We also work hard to develop our people, because we know that it’s their talent and dedication that has propelled Sabra’s growth and success. Our team is growing, and we are looking for talented individuals that want to be part of a dynamic team. We believe that working hard doesn’t have to be drudgery, and we strive to maintain a work environment that is as fun and rewarding as it is challenging.
General information
Firm type
Asset Manager
Year founded
2010
Location
Region
North America
Country
United States
City
Irvine
Corporate office
Irvine, CA, United States
Principals
Rick Matros
Chief Executive Officer and Chairman
Talya Nevo-Hacohen
Chief Investment Officer and Executive Vice President
Sector focus
Frequently asked questions
How does Sabra Health Care REIT generate investment exposure to the behavioral health sector?
Sabra has built exposure through sale-leaseback transactions with operators like Recovery Centers of America. These deals involve acquiring addiction treatment campuses and leasing them back to the operator under long-term net leases. This provides stable cash flow while gaining exposure to a high-demand, historically under-institutionalized asset class.
Who makes the day-to-day investment decisions at Sabra?
Chief Investment Officer Talya Nevo-Hacohen leads acquisitions and portfolio management. She works alongside CEO Rick Matros, who has chaired the firm since its 2010 spin-off from Sun Healthcare Group. The investment committee reviews all material transactions, with a focus on operator credit quality and facility-level performance.
What happened with Sabra's largest tenant concentration issue?
In its early years, Sabra relied heavily on Genesis Healthcare as a tenant. Genesis filed for bankruptcy in 2018 and again in 2023, forcing Sabra to restructure leases, reduce exposure, and diversify into senior housing and behavioral health. That transition has materially reshaped the portfolio toward a broader, more resilient operator base.
Is Sabra an internally or externally managed REIT?
Sabra is an internally managed REIT. Executives are employees of the company, not an external advisor. This means management compensation and decision-making are aligned directly with shareholders, avoiding the conflict of interest common in externally managed REITs where the advisor earns fees based on asset growth rather than total return.
Does Sabra invest outside the United States?
Sabra's primary market is the United States. The firm has historically held a small Canadian skilled nursing portfolio but has periodically exited or reduced international exposure to simplify its geographic concentration. As of recent public disclosures, the overwhelming tenant and property base remains domestic.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: