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SBRA Value

|Includes: Sabra Healthcare REIT, Inc. (SBRA), SUNH

SBRA Sabra Health Care REIT should be a good value play. They are organized as a REIT which means they have to pay out at least 90% of profit as a dividend. They are busy buying other health related properties at today's fire-sale prices which should be generating lots of future value. Health care providers tend to be very stable tenants. Even with the acquisitions they look to have plenty of free cash. Based on their first dividend it is looking like they may be near a 10% dividend play with good upside potential as the real estate market inproves. They are a spun off of Sun Healthcare Group (NASDAQ:SUNH).