Sabra Health Care's CEO Discusses Growth and Future Prospects
Rick Matros, chair and CEO of Sabra Health Care REIT, Inc. (Nasdaq: SBRA), sat down for a video interview at Nareit's REITweek:Β ...
Chairman, President & Chief Executive Officer, Sabra Health Care Reit
Search every verified Richard Matros interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Richard Matros, chairman and CEO of Sabra Health Care REIT, said in a September 2024 interview that the company is focused on earnings growth and is prepared to expand across all its current asset classes, including skilled nursing. He noted that the companyβs skilled nursing margins have returned to pre-pandemic levels and that operators are "upbeat for the first time in four years." Matros stated that Sabra issued guidance for the first time since the pandemic and is showing earnings growth for the first time in that period, adding that there is "a really nice runway to growth both in SHOP and in skilled nursing" and that the company is now looking at acquisitions. Matros has also spoken about his personal background and philanthropic activities. In a March 2024 podcast, he discussed his involvement with IsraAID US and other nonprofit organizations, as well as his work with Healing Ink, a project that brings tattoo artists to Israel to work with survivors of terror attacks and veterans. In earlier interviews, Matros described his career path from an activity director in a nursing home to leading a REIT, and emphasized the importance of surrounding oneself with smart people, encouraging creative thinking, and maintaining a flat organizational structure. He has also advocated for greater recognition and support for skilled nursing facilities and their staff, particularly during the pandemic.
“We'll grow in any of the asset classes that we're currently in wherever the opportunities are because we're just focused on earnings growth.”
“People will say well you've been reducing your exposure to Skilled Nursing; does that mean you don't want to buy more skilled nursing? No, we do. We just wanted to be a little more diversified and not just be classified as a SNF REIT.”
“We can do 100 million in SNF deals tomorrow and it would only up our exposure by less than 1%, so you know we're just in a good place as far as that goes.”
“Our skilled nursing margins are back to where they were before the pandemic. When we talk with our operators, they actually are upbeat for the first time in four years.”
“We have a really nice runway to growth both in SHOP and in skilled nursing, and now looking at doing some acquisitions.”
“We put guidance out for the first time since the pandemic and we're showing earnings growth for the first time since the pandemic.”
“More of a general excitement about getting back to being a regular REIT again and growing the company the way we want to grow it.”
“The elderly were the most vulnerable and therefore the elderly in skilled nursing facilities, nursing homes, assisted living facilities, memory care facilities, and independent living facilities are even more vulnerable, and the staff that provides care to the residents and patients in these facilities are as much hero...”
“We still are hurting from supplies, we still have staffing issues just like the hospitals do, and we deserve to be prioritized; our facilities and the staff deserve to get the support from the public and from the media.”
“Our space, just like the hospitals, will get the support and recognition and understanding that they truly deserve.”
“People are there because they care, and the people that are there very often become second families to the patients and residents they provide care for.”
“I want to take this moment to thank all the staff out there for showing up every day as they always do regardless of their personal situations and family obligations; they show up every day to take care of our patients and residents.”
“I went into this profession hoping to share what I thought I had to give to the care of the elderly but it became apparent pretty quickly that I got more from them, the patients and the residents, than I could ever give to them.”
“We're here to provide care for those that are the most vulnerable and they say that societies are judged by how we care for those that are most vulnerable.”
“In nine years we've gone from seven hundred million in assets to seven billion and we've gone from seven employees to 32. So what are the joys? One of the joys of being at Sabra is you know when you've got tens of thousands of employees no matter how hard you try it's hard to have that culture consistent throughout. We...”
Rick Matros, chair and CEO of Sabra Health Care REIT, Inc. (Nasdaq: SBRA), sat down for a video interview at Nareit's REITweek:Β ...
Rick Matros is more than just a super cool father of seven and grandpa of ten covered with amazing tattoos of his family, music, Judaism and Israel. Serving on the board of IsraAid US and with his wife Dr. Adrienne Matros they support many non-profit organizations such as Jewish National Fund, the Merage Jewish Community Center, Artists 4 Israel (Healing Ink), the Cystic Fibrosis Foundation, Childrenβs Hospital of Orange County, Tillyβs Life Center, Radiant Healthcare, The Samueli Academy and they also travel the world to help others. You will be absolutely amazed by Rick's success story asβ¦
Rick Matros, CEO, SABRA Health Care REIT, Inc. Rick discusses what he wishes more people knew about the skilled nursingΒ ...
Rick Matros, CEO, SABRA Health Care REIT, Inc. Rick Matros answers why he's an advocate for Skilled Nursing care. Read moreΒ ...
Sabra Health Care REIT CEO Rick Matros discusses workplace culture, making an impact on people and Healing Ink tattoos.
Richard Matros, CEO of Sabra Health Care REIT, Inc. (NASDAQ: SBRA), joined REIT.com for a CEO Spotlight video interview atΒ ...
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