Health Care REITs Sabra and Care Capital to Merge in $7.4 Billion Deal

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) and Care Capital Properties, Inc. (NYSE: CCP) said May 7 that they will combine in an all-stock merger to create a company with a pro forma total market capitalization of $7.4 billion. The new company will operate under the Sabra name. Sabra’s current management team, led by Chairman

Three-State, Six-Hospital Portfolio Sold for $138M

Nashville, TN-based Healthcare Realty Trust sold six inpatient rehabilitation hospitals located across three states. In two transactions, affiliates of Global Medical REIT and Carter Validus Mission Critical REIT each purchased three hospital facilities, with a combined total of 376 beds and a total acquisition price of $137.6 million. The hospitals are located in Austin, Dallas