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Sabra Health Care REIT sells 2 skilled nursing facilities in Montana

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Sabra Health Care REIT sells 2 skilled nursing facilities in Montana

Sabra Health Care REIT Inc. wrapped up the sale of two skilled nursing facilities in Montana that are leased to Genesis Healthcare Inc. for $14.4 million, including assumed mortgage debt.

The healthcare real estate investment trust said the sale will result in a roughly $1.1 million decrease in annual rent obligation from Genesis.