Sabra Health Care REIT, Inc.

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

Client

Sabra Health Care REIT, Inc.

Value

$170.5 million

Service

Mergers and Acquisitions

Date Closed

June 2015

Industry

REITs

Lead Office

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).


Team
Victoria  Graham
Key Contact

Victoria Graham

Partner, Corporate

Heather McKean - Commercial Real Estate Lawyer

Heather McKean

Partner, Real Estate

D’Arcy Schieman

D’Arcy Schieman

Partner, Taxation

Sandy Yeung

Sandy Yeung

Associate, Real Estate