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NASDAQ: SBRA Sabra Health Care REIT, Inc. 10-Q

Sabra refinances $500M debt, boosts ATM to $750M, accelerates acquisitions 12x in Q1

Filed April 29, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 5, 2025 · ~1 min read

Key Changes

  • high

    Company retired $500M of 2026 Notes using new $500M term loan (maturing 2030) and expanded ATM program from $500M to $750M, shifting debt maturity profile and increasing equity capacity.

    MD&A: Debt and Liquidity verify on EDGAR →
  • high

    Q1 2026 acquisitions totaled $96.1M (four properties) versus $7.9M in Q1 2025, a twelve-fold increase in capital deployment, primarily in Senior Housing - Managed communities.

    MD&A: Acquisitions verify on EDGAR →
  • high

    CMS repealed Minimum Staffing Standards (3.48 HPRD, 24/7 RN requirements) effective February 2026, removing significant regulatory cost pressure on skilled nursing operators.

    MD&A: Medicare Reimbursement verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify