CareTrust REIT reports SNFs deals totaling $180 million
By
Kathleen Steele Gaivin
Jun 05, 2024
CareTrust REIT has purchased or funded the purchase of 13 skilled nursing facilities in two deals totaling approximately $180 million, the company announced Tuesday.
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Actions & Transactions, Jan. 10
By
Kathleen Steele Gaivin
Jan 10, 2024
Morgan Stanley’s newly launched REIT could target senior housing … CareTrust REIT adds San Bernardino, CA, assisted living, memory care community in joint venture … Blueprint advises on sale of Cleveland-area...
CareTrust REIT implements ‘green lease’ strategy
By
Kathleen Steele Gaivin
Oct 13, 2023
A new “green lease” strategy is one of the efforts highlighted in CareTrust REIT’s third annual corporate sustainability report, released Wednesday.
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...
National HealthCare Corp., CareTrust REIT and Ventas presented second-quarter earnings results on Friday.
CareTrust REIT closes $45M in senior living and care investments
By
Kathleen Steele Gaivin
Jul 06, 2023
CareTrust REIT has closed two separate transactions on the West Coast with an aggregate initial investment amount of approximately $45.2 million, the San Clemente, CA-based real estate investment trust...
CareTrust REIT expands operational footprint with 7 acquisitions
By
Kathleen Steele Gaivin
Jun 05, 2023
San Clemente, CA-based CareTrust REIT is expanding its operational footprint and provider relationships with seven acquisitions, the real estate investment trust announced Friday.
CareTrust REIT decides to keep 14 senior living properties previously marked for change
By
Lois A. Bowers
Feb 13, 2023
The REIT decided to keep 14 senior living communities previously designated as candidates for sale, repositioning or restructuring.
Earnings call snapshot: Ventas, CareTrust REIT
By
Kathleen Steele Gaivin
Feb 13, 2023
Chicago-based real estate investment trust Ventas delivered strong fourth-quarter results, Ventas Chairman and CEO Debra A. Cafaro said during the REIT’s call.