Sabra Health Care REIT expects mid-teens same-store SHOP NOI growth in 2026
SBRA•Sabra Health Care REIT expects mid-teens same-store SHOP net operating income growth in 2026. Third-quarter revenue per occupied room rose 7.3%, and the company cited about $425 million in awarded investments at an estimated 7% yield.
1. Growth outlook and investments
Sabra Health Care REIT expects mid-teens same-store SHOP net operating income growth in 2026. Third-quarter same-store SHOP revenue per occupied room rose 7.3%, and the net operating income margin reached 34.9%. Awarded investments total about $425 million, mostly in SHOP, with an estimated yield of 7%. SHOP is expected to reach 40% of net operating income through organic growth and investments, with 50% the next target.
