CareTrust REIT (CTRE) Misses Q3 EPS by 17c
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November 5, 2015 4:35 PM EST
SAN CLEMENTE, Calif., Nov. 05, 2015 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ: CTRE) today reported operating results for the third quarter of 2015, as well as other recent events. Highlights included:
During and after the quarter, CareTrust deployed approximately $200 million, at a blended going-in cash yield of 9.6%, to acquire a 14-facility skilled nursing and assisted living portfolio, plus an additional skilled nursing facility and two assisted living facilities, initiating three new net-lease tenant relationships in the process and also building upon an existing tenant relationship;Normalized FFO was $7.7...
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November 5, 2015 4:35 PM EST
SAN CLEMENTE, Calif., Nov. 05, 2015 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ: CTRE) today reported operating results for the third quarter of 2015, as well as other recent events. Highlights included:
During and after the quarter, CareTrust deployed approximately $200 million, at a blended going-in cash yield of 9.6%, to acquire a 14-facility skilled nursing and assisted living portfolio, plus an additional skilled nursing facility and two assisted living facilities, initiating three new net-lease tenant relationships in the process and also building upon an existing tenant relationship;Normalized FFO was $7.7...
More
