As of March 31, 2020, Sabra's investment portfolio included 427 real estate properties held for investment (consisting of (i) 291 Skilled Nursing/Transitional Care facilities, (ii) 64 Senior Housing communities (Senior Housing - Leased), (iii) 47 Senior Housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed) and (iv) 25 Specialty Hospitals and Other facilities), two assets held for sale, one investment in a direct financing lease, 19 investments in loans receivable (consisting of (i) one mortgage loan, (ii) one construction loan and (iii) 17 other loans), six preferred equity investments and one investment in an unconsolidated joint venture that owns 168 Senior Housing - Managed communities. As of March 31, 2020, Sabra's real estate properties held for investment included 42,894 beds/units and its unconsolidated joint venture included 7,463 beds/units, spread across the United States and Canada.