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CareTrust REIT (CTRE) Acquires Bristol Court Assisted Living in $8.4M Deal

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CareTrust REIT (CTRE) Acquires Shamrock Nursing and Rehabilitation Center for $8.3M

July 2, 2015 6:18 AM EDT

CareTrust REIT (Nasdaq: CTRE) announced that it has acquired Shamrock Nursing and Rehabilitation Center, a 105-bed skilled nursing facility located in Dublin, Georgia, for $8.3 million. Concurrently with the acquisition, CareTrust entered into a master lease with Trillium Healthcare Group, LLC, which took over operations effective July 1, 2015.

"We are thrilled to commence our relationship with the Trillium team, and... More