HealthTrust Completes Management Buyout From Sabra Health Care REIT, Inc. (NASDAQ:SBRA).
Management of HealthTrust (the “Company”), a leading healthcare and seniors housing appraisal and advisory firm, successfully closed on the purchase of the assets of the Company from SBRA. This transaction allows HealthTrust’s management team to reaffirm its independence in the market, solidify key business relationships and continue to focus on industry leading innovation and product delivery.
Alan Plush, HealthTrust CEO, commented “Thank you to Sabra and CCP for supporting HealthTrust over the past three years. This transaction marks the next evolution of the Company. Our team of long-tenured professionals is energized to build upon the solid reputation we have in the market. I expect to make announcements in the near future about additional service offerings and expansion of our team. This is an exciting time in the industry and HealthTrust will continue to be a trusted professional services provider to lenders, capital providers and operators in the space for many years to come.”
HealthTrust provides appraisal, valuation, feasibility, tax appeal, litigation support and other advisory services for all healthcare and senior housing property types, including hospitals, MOBs, independent living, assisted living, skilled nursing and continuing care retirement communities (CCRCs). HealthTrust offers specific valuation services for HUD Section 232 appraisals (inclusive of summary reporting documentation), as well as Fannie Mae and Freddie Mac. The Company completes approximately 2,000 engagements annually and maintains offices in Sarasota, Birmingham, Boston, Denver and Los Angeles staffed with MAI certified appraisers offering the highest level of integrity, timeliness and expertise in the industry.
HealthCompsTM, HealthTrust’s proprietary technology platform, provides industry leading access to property data and transaction analytics ultimately leading to better work product and decision-making information for clients. HealthTrust principals are leaders and contributors to major industry groups including ASHA, NIC, Interface and Revista. HealthTrust is also a significant contributor to the annual publication, The State of Seniors Housing, a go-to resource for industry veterans and newcomers alike.
Contact us today for more information and to learn how we can help you make more informed investment decisions.