Sabra Health Care REIT Inc. (NASDAQ:SBRA), a self-administered, self-managed real estate investment trust, has announced the completion of two preferred equity investments and the agreement on terms for a mezzanine loan.
On July 11, 2014, Sabra agreed to terms on a $15.5 million mezzanine loan with affiliates of Meridian ALZ Investors, LLC in connection with the previously announced pipeline agreement with Meridian. The company said that the proceeds of the mezzanine loan would be used to repay Sabra’s existing preferred equity investment in an affiliate of the borrower, totaling $8.3 million, including accrued and unpaid preferred returns, resulting in a net investment by Sabra of $7.2 million.
The Meridian Mezzanine Loan has a three-year term and will bear interest at a fixed rate of 11% per annum. It will be secured by the borrower’s equity interests in two memory care facilities and a skilled nursing facility. In addition, on July 7, 2014, Sabra said it provided $4.5 million of preferred equity funding to affiliates of Titan Senior Living, LLC for the construction of a 113-unit assisted living facility outside of San Antonio, Texas.
The preferred equity investment provides for an annual 10.0% preferred return and a purchase option which may be exercised at any time following the earlier to occur of the achievement of 90% occupancy for three consecutive months, or twenty-four months following the date a certificate of occupancy is issued for the facility.
On June 25, 2014 the company expanded its relationship with affiliates of the Leo Brown Group by providing $2.4 million of preferred equity funding for the development of Traditions at Beaumont, a 130-unit independent living, assisted living and memory care facility in Louisville, Kentucky. Shares in Sabra were down 0.07% to $28.62 on Monday morning. The company has traded between $21.55 and $31.17 over the past 52 weeks.
Pingback: Canadian pharmacy viagra pfizer
Pingback: cialis 20 mg price
Pingback: cialis on line
Pingback: Samples of viagra
Pingback: cialis over the counter 2020
Pingback: canadian online pharmacy
Pingback: canadian online pharmacy
Pingback: Viagra or cialis
Pingback: Buy cheap cialis
Pingback: levitra usa
Pingback: vardenafil
Pingback: levitra generic
Pingback: best online casino real money
Pingback: slot machines
Pingback: sildenafil 100mg
Pingback: real money casino games
Pingback: empire casino online
Pingback: buy cialis generic online
Pingback: installment loans
Pingback: short term loans
Pingback: quick cash loans
Pingback: viagra for sale
Pingback: best real money casinos
Pingback: new cialis
Pingback: cialis generic
Pingback: play online video poker
Pingback: is online gambling real
Pingback: cialis to buy
Pingback: golden nugget online casino
Pingback: 5 mg cialis
Pingback: cialis generic
Pingback: cialis generic
Pingback: viagra no prescription
Pingback: best casino online
Pingback: casino games
Pingback: best online casino for money
Pingback: best online casino real money
Pingback: viagra prescription
Pingback: cheap viagra
Pingback: viagra dosage
Pingback: buy viagra online cheapest
Pingback: online viagra
Pingback: buy cialis
Pingback: viagra dosage
Pingback: brand viagra
Pingback: buying generic viagra online
Pingback: tadalafil tablets
Pingback: cialis buy online
Pingback: generic viagra
Pingback: buy viagra on line
Pingback: tadalafil 5 mg
Pingback: slot machine
Pingback: best online casino
Pingback: buy viagra withut prescription
Pingback: blog buy viagra
Pingback: buy pink viagra uk
Pingback: order cialis online
Pingback: Viagra 130mg online pharmacy
Pingback: cialis without a prescription
Pingback: Viagra 150mg canada
Pingback: Viagra 100 mg pills
Pingback: buy generic cialis online
Pingback: buy generic viagra
Pingback: hydroxychloroquine otc
Pingback: Cialis 60 mg without a prescription
Pingback: Cialis 80mg united kingdom
Pingback: otc viagra
Pingback: where to buy Cialis 10 mg
Pingback: viagra without doctor prescription
Pingback: grassfed.us
Pingback: buy viagra
Pingback: viagra
Pingback: sildenafil 100mg generic
Pingback: tadalafil 40mg united kingdom
Pingback: lm360.us
Pingback: levitra 10 mg medication
Pingback: furosemide 100 mg united states
Pingback: propecia 5mg coupon
Pingback: viagra prices
Pingback: viagra alternative
Pingback: allopurinol 300 mg purchase
Pingback: amoxicillin 250 mg otc
Pingback: antabuse 500mg cheap
Pingback: viagra prescription
Pingback: arava 20 mg coupon
Pingback: strattera 18 mg online pharmacy
Pingback: acheter viagra professionnel
Pingback: aricept 10 mg online pharmacy
Pingback: cialistodo.com
Pingback: arimidex 1mg usa
Pingback: tamoxifen 10mg online
Pingback: cialis under the tongue
Pingback: atarax 25 mg coupon
Pingback: tijuana viagra
Pingback: where to buy bactrim 800/160 mg
Pingback: benicar 10 mg tablets
Pingback: generic cialis daily
Pingback: viagra generic
Pingback: buspar 5 mg cost
Pingback: buy cialis with no prescription
Pingback: online cialis
Pingback: keflex.webbfenix.com
Pingback: calcium carbonate 500mg online pharmacy
Pingback: cardizem 120 mg purchase
Pingback: viagra
Pingback: blue chew viagra scam
Pingback: celebrex without a doctor prescription
Pingback: cephalexin medication
Pingback: cialis generic
Pingback: casino games
Pingback: generic sublingual viagra 50mg
Pingback: Buy cheap viagra online us
Pingback: a viagra
Pingback: buy viagra edmonton
Pingback: cbd oil for dogs dosage
Pingback: viagra for sale ireland
Pingback: Viagra pfizer
Pingback: cialis 20mg tablets
Pingback: Order viagra
Pingback: imuran online pharmacy
Pingback: luvox 100 mg without prescription
Pingback: buy viagra overnight delivery
Pingback: cvs viagra price
Pingback: cialis for daily use side effects
Pingback: buy viagra with amex
Pingback: vantin no prescription
Pingback: zestril 2,5mg purchase
Pingback: purchase authentic viagra
Pingback: clonidine 0.1mg cheap
Pingback: can you buy viagra in portugal
Pingback: how can i buy viagra over the counter
Pingback: can you buy cialis at walgreens
Pingback: nsecaaaf
Pingback: etodolac online pharmacy
Pingback: metronidazole 0.75% cream g
Pingback: tadalafil prescription
Pingback: wat is het verschil tussen viagra en cialis
Pingback: what happenes in a man eates ivermectin past 1.87%
Pingback: how to buy glipizide 10mg
Pingback: pink viagra
Pingback: cialis generico espaГ±a
Pingback: cost of indomethacin 50mg
Pingback: viagra kidney
Pingback: vidalista side effects headache
Pingback: albuterol 0.042
Pingback: clomid walmart
Pingback: synthroid price increase
Pingback: how to buy cialis cheap
Pingback: neurontin litigation
Pingback: what is metformin
Pingback: paxil dick
Pingback: atrovent and plaquenil
Pingback: cialis canada
Pingback: no prescription cialis generic
Pingback: furosemide on line no prescription
Pingback: tinderentrar.com
Pingback: ivermectin syrup
Pingback: buy prednisone 5mg for sale
Pingback: cialis over the counter
Pingback: tadalafil 10 mg coupon
Pingback: where to buy tadalafil on line
Pingback: cialis with dapoxetine
Pingback: cialis genérico
Pingback: brand cialis
Pingback: prednisone online buy
Pingback: marley drugs tadalafil
Pingback: ivermectin wormer
Pingback: porno}
Pingback: pornoizle}