Sunshine Retirement Living, a leading provider of mid-market senior living communities in the U.S., signed a new management agreement with Sabra Health Care (SBRA) REIT. This agreement adds five independent living communities across four Western states, growing Sunshine Retirement Living’s portfolio from 35 to 40 communities in 17 states. The new communities are located in Arizona, California, Utah and Washington. Marking its first third-party management agreement, Sunshine Retirement Living is expanding its proven model of high-quality, all-inclusive senior living to these new communities while staying true to its core values of affordability, compassionate care, vibrant community engagement, and culinary excellence. This milestone also represents a strategic evolution for Sunshine, transitioning from an owner-operator to a full-scale third-party management provider.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBRA:
- Sabra Healthcare Reit: Positive Earnings Call Highlights
- Sabra Health Care price target raised to $22 from $20 at Citizens JMP
- Sabra Healthcare REIT Maintains Stable Risk Outlook Amid 2024 Assessment
- Sabra Healthcare REIT Reports Strong Q2 2025 Results
- Sabra Healthcare REIT Announces New Equity Distribution