Sabra Moves Forward on Forest Park-Frisco Resolution

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Go back to Sabra Moves Forward on Forest Park-Frisco Resolution

Sabra Health Care REIT (SBRA) Announces Filing of Chapter 11 by Frisco

September 23, 2015 4:04 PM EDT

Sabra Health Care REIT (NASDAQ: SBRA) provided an update today regarding the tenant of the Forest Park Medical Center-Frisco hospital ("Frisco").

On August 17, 2015, Sabra served Frisco with a notice of pending event of default under its lease as a result of Frisco's non-payment of rent. Due to Frisco's failure to obtain the... More