CareTrust REIT closes $119 million in healthcare property investments
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CareTrust REIT Announces $119 Million of Recent Investments; Reloaded Pipeline
April 6, 2026 4:36 PM EDTDANA POINT, Calif.--(BUSINESS WIRE)-- CareTrust REIT, Inc. (NYSE: CTRE) (CareTrust or the Company) announced today the closing of two investments totaling approximately $119 million, each effective April 1, 2026.
The Company acquired a senior housing and skilled nursing campus located in Southern California, comprising 120 licensed skilled nursing beds and 273 senior housing units. The campus will be triple-net leased to an existing operator of the Company under a long-term lease with annual inflation-based rent escalators and multiple renewal options, along with a commitment from the Company to provide additional rent-enhancing capital improvement funds of up to $5... More
