Sabra Health Care REIT said it intends to enter into an agreement to expand its relationship with Recovery Centers of America.
Under the proposed agreement, Sabra would provide RCA a $325 million mortgage loan secured by eight inpatient addiction treatment centers located in the Northeast and Midwest regions of the US. Six of the centers are stabilized while two properties, opened during the past 12 months, are projected to stabilize in 2022. Read more.
