Who Owns Sabra Health Care REIT Company?

Sabra Health Care REIT Bundle

Get Full Bundle:

	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

Who owns Sabra Health Care REIT?

Sabra Health Care REIT was spun off from Sun Healthcare in 2010 and expanded via the 2017 merger with Care Capital Properties, forming a leading U.S. healthcare real estate platform focused on net-leased post-acute and senior housing assets.

Ownership is broadly held by institutional investors—index funds, active managers, and REIT specialists—with management owning a small single-digit stake; major shifts tied to the 2017 merger reshaped voting dynamics. See Sabra Health Care REIT Porter's Five Forces Analysis

Sabra Health Care REIT originated in 2010 when Sun Healthcare Group spun off its real estate assets into a standalone REIT; ownership at inception was distributed pro rata to Sun shareholders rather than concentrated in traditional founder equity.

Spin-off and formation

The 2010 spin distributed Sabra stock to Sun Healthcare shareholders on a pro rata basis, creating a broad free float and no dominant founding owner.

Formative leadership

Key executives at launch included Rick Matros, Harold F. Lynch, and Talya Nevo-Hacohen, who shaped strategy and capital structure.

Insider stakes

Insiders collectively held a modest single-digit percentage after the spin; management equity was typical of public REITs with multi-year vesting.

Early institutional interest

REIT-focused institutional investors began accumulating positions in the first year, contributing to the Sabra REIT major shareholders profile.

Executive compensation

Equity incentives used RSUs/PSUs tied to TSR, AFFO per share, and relative performance, aligning management with long-term shareholder value.

Absence of founder disputes

No public records indicate early buy-sell disputes among founders because ownership derived from the parent distribution rather than venture-style founder shares.

Ownership records and filings from 2010–2012 show the transition from legacy Sun holders to a mix of institutional investors; for current Sabra Health Care REIT ownership breakdown and major shareholders see public 13F and proxy filings and the article Mission, Vision & Core Values of Sabra Health Care REIT.

Key facts and metrics

Early ownership characteristics and governance features relevant to Sabra Health Care REIT founders and initial investors.

• Spin-off date: 2010; Sabra stock distributed pro rata to Sun shareholders.
• Founding management: Rick Matros (CEO/Chair), Harold F. Lynch (finance), Talya Nevo-Hacohen (CIO).
• Post-spin insider ownership: modest single-digit percentage collectively.
• Early holders: legacy Sun public investors and REIT-focused institutions accumulating in year one.

Sabra Health Care REIT SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

Key events shaping Sabra Health Care REIT ownership include the 2010 NASDAQ spin from Sun, the 2017 all-stock merger with Care Capital Properties that enlarged scale and shareholder diversity, and portfolio shifts from 2018–2024 that attracted index funds and REIT specialists while keeping insider stakes low.

Public filings (Forms 10-K, DEF 14A, Forms 3/4/5) show no controlling shareholder, one-share-one-vote common shares, and a dispersed float; ownership evolution enabled lower tenant concentration, access to broader capital, and expanded platforms in behavioral health and post-acute care. See a concise company timeline in the Brief History of Sabra Health Care REIT

Ownership snapshot and implications

Major stakeholder groups as of 2024–2025 and how they influence strategy.

• Index funds and large asset managers: Vanguard, BlackRock, State Street collectively hold a significant minority across multiple funds and ETFs; drive passive flows and index-driven liquidity
• Active REIT specialists and income managers: Provide concentrated voting and engage on capital allocation and portfolio mix
• Insiders: CEO/Chair Rick Matros leads insider holdings at de minimis levels, aligned via vested and unvested equity awards; insider ownership remains low single digits per filings
• Dispersed public float: No controlling shareholder; voting power spread across institutions and retail holders, consistent with Forms 10-K/DEF 14A disclosures

Sabra Health Care REIT PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The current board of Sabra Health Care REIT is majority independent and has historically been led by Chair/CEO Rick Matros alongside management directors including CIO Talya Nevo‑Hacohen; independent directors bring healthcare operations, payer and real‑assets finance experience, and no single institution exceeds controlling stake.

Sabra uses a one‑share‑one‑vote structure with a single common stock class; voting power tracks economic ownership, shareholder votes follow Maryland REIT law and Sabra’s charter/bylaws, routine annual say‑on‑pay and director elections occur, and index funds hold passive stakes without board representation.

Board composition and voting dynamics

The board is majority independent, with typical committees for Audit, Compensation and Nominating/Corporate Governance; no dual‑class shares or golden shares exist.

• One‑share‑one‑vote: voting proportional to ownership
• No single institution generally exceeds 15% ownership, limiting unilateral control
• Committees align with NYSE/NASDAQ REIT governance norms
• No recent high‑profile proxy contests or dual‑class controversies

For ownership context, institutional ownership historically exceeds 60–80% of float in comparable REITs; for Sabra specific holdings and top institutional shareholders and ownership breakdown see filings and the Competitors Landscape of Sabra Health Care REIT

Sabra Health Care REIT Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

From 2021–2024 Sabra Health Care REIT ownership shifted modestly as institutional investors reweighted exposure amid portfolio optimization; passive managers increased aggregate stakes while insider ownership stayed low and management equity grants tied to TSR and AFFO per share guided alignment.

Institutional concentration remained high: the top 10 institutional holders accounted for an estimated 35–50% of float through 2024, with Vanguard, BlackRock and State Street among the largest passive stakeholders; insider ownership stayed below 1–2%, per SEC filings and DEF 14A disclosures.

Portfolio shifts

Disposition of non-core skilled nursing assets and reinvestment into behavioral health reshaped asset mix and influenced investor rotation.

Institutional ownership

Passive managers increased aggregate stakes; top passive holders together held a substantial portion of shares by 2024, driving steady, institutionally dominated ownership.

Capital returns

Dividends remained primary return mechanism; share buybacks were not a material program through 2024, aligning payouts to AFFO and leverage targets.

Outlook to 2025

Analysts expect consolidation and growth in behavioral health; ownership likely to stay widely held and institutionally weighted, with any major shift driven by M&A or index rebalancing. Read more on the REIT’s revenue model: Revenue Streams & Business Model of Sabra Health Care REIT

Sabra Health Care REIT Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔