Mergers and Acquisitions

Sabra Health Care REIT, Inc. in its $170.5 million acquisition of nine independent living seniors housing communities

Sabra Health Care REIT, Inc.
Key Contact
Victoria Graham

Partner, Corporate, Toronto

Team
Heather McKean

Partner, Real Estate, Toronto

Sandy Yeung

Associate, Real Estate, Toronto

 

On June 11, 2015, Sabra Health Care REIT, Inc., a US-based healthcare property investor, completed its acquisition of a nine property seniors housing portfolio in Canada from the Leo Brown Group, LLC for an estimated gross purchase price of $170.5 million. The acquisition marks Sabra’s first foray into the Canadian market.

Osler, Hoskin & Harcourt LLP represented Sabra Health Care REIT, Inc. with a team consisting of Victoria Graham (Corporate), Heather McKean (Real Estate), D'Arcy Schieman (Taxation) and Sandy Yeung (Real Estate).

Value
$170.5 million
Date Closed
June 11, 2015
Lead Office
Toronto
Key Contact
Victoria Graham

Partner, Corporate, Toronto

Team
Heather McKean

Partner, Real Estate, Toronto

Sandy Yeung

Associate, Real Estate, Toronto