Aaron Hecht's questions to Sabra Health Care REIT Inc (SBRA) leadership • Q4 2024
Question
Aaron Hecht of JMP Securities LLC asked about the strategy for Sabra's loan book, particularly a large maturity in 2026.
Answer
EVP Talya Nevo-Hacohen, CFO Michael Costa, and CEO Rick Matros confirmed a ~$300 million loan matures at the end of 2026. They explained that options include a borrower takeout, recycling the capital, or a potential conversion of the loan to an owned asset under a triple-net lease.