Sabra Health Care REIT, Inc. Appoints Lynne S. Katzmann to the Board of Directors
March 14, 2019 at 10:00 pm
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Sabra Health Care REIT, Inc. announced the appointment of Lynne S. Katzmann to its Board of Directors, effective immediately. Ms. Katzmann founded, and is the President and CEO of, Juniper Communities. Ms. Katzmann is also a pioneer in the nascent senior living insurance industry, spearheading a care model for a new national Medicare Advantage plan to be owned by a consortium of senior housing companies called the Perennial Consortium.
Sabra Health Care REIT, Inc. operates as a self-administered, self-managed real estate investment trust (REIT) that, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company's primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector. Its investment portfolio is primarily comprised of skilled nursing/transitional care facilities, senior housing communities (Senior Housing - Leased), behavioral health facilities, and specialty hospitals and other facilities, in each case leased to third-party operators; senior housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed); investments in joint ventures; loans receivable, and preferred equity investments. Its real estate properties held for investment include approximately 37,834 beds/units, spread across the United States and Canada.