CareTrust REIT completes $628 million in healthcare property investments
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CareTrust REIT Announces Approximately $628 Million of Investments
April 27, 2026 6:00 AM EDTDANA POINT, Calif.--(BUSINESS WIRE)-- CareTrust REIT, Inc. (NYSE: CTRE) (CareTrust or the Company) announced today the recent closing of investments totaling approximately $628 million.
In mid-April, the Company closed on a series of related off market transactions with a quality skilled nursing operator based in California in what is a new relationship for CareTrust. As part of the transaction, CareTrust acquired 15 skilled nursing facilities for approximately $380 million (inclusive of transaction costs) comprising approximately 1,700 beds located across California. The portfolio is leased back to affiliates of the seller under a long-term triple-net lease with... More
