Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Q3 2023 Earnings Conference Call November 7, 2023 1:00 PM ET

Company Participants

Lukas Hartwich - Senior Vice President, Finance

Rick Matros - Chief Executive Officer, President and Chairman

Talya Nevo-Hacohen - Chief Investment Officer, Treasurer and Executive Vice President

Michael Costa - Chief Financial Officer, Secretary and Executive Vice President

Conference Call Participants

Joshua Dennerlein - Bank of America

Juan Sanabria - BMO Capital Markets

Rich Anderson - Wedbush

Wes Golladay - Baird

Michael Griffin - Citi

John Pawlowski - Green Street

Operator

Good day, everyone. My name is Briana and I will be your conference operator today. At this time, I would like to welcome everyone to the Sabra’s Third Quarter 2023 Earnings Call. [Operator Instructions] I would now like to turn the call over to Lukas Hartwich, SVP, Finance. Please go ahead, Mr. Hartwich.

Lukas Hartwich

Thank you and good morning. Before we begin, I want to remind you that we will be making forward-looking statements in our comments and in response to your questions concerning our expectations regarding our future financial position and results of operations, including our expectations regarding our tenants and operators and our expectations regarding our acquisition, disposition and investment plans. These forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including the risks listed in our Form 10-K for the year ended December 31, 2022, as well as in our earnings press release included as Exhibit 99.1 to the Form 8-K we furnished to the SEC yesterday. We undertake no obligation to update our forward-looking statements to reflect subsequent events or circumstances, and you should not assume later in the quarter that the comments we make today are still valid.

In addition, references will be made during this call to non-GAAP financial results. Investors are encouraged to review these non-GAAP financial measures as well as the explanation and reconciliation of these measures to the comparable GAAP results included on the Financials page of the Investors section of our website at sabrahealth.com. Our Form 10-Q, earnings release and supplement can also be accessed in the Investors section of our website.

And with that, let me turn the call over to Rick Matros, CEO, President and Chair of Sabra Health Care REIT.

Rick Matros

Thanks, Lukas. For those unfamiliar, the song leading into the call is Hatikvah. It’s the national anthem of the State of Israel, and it means The Hope. Today is the 1 month anniversary of the massacres and the hostage taking. There’s a saying that we Jews have, Am Yisrael Chai. It means The People of Israel Live. And it’s never been as important to us as it is today. We’re here. We’re not going anywhere.