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 hasn’t ‘written off’ senior living, CEO says
By
Lois A. Bowers
Nov 10, 2022
CareTrust REIT’s investment pipeline consists primarily of skilled nursing and behavioral health properties right now rather than senior living communities, Chief Investment Officer Mark Lamb said Wednesday...
REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
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.
Third-quarter earnings snapshot: CareTrust REIT, Invesque, National Health Investors
By
Kathleen Steele Gaivin
Nov 10, 2022
CareTrust REIT, Invesque and National Health Investors held earnings calls Wednesday. Here’s a snapshot.
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...
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.
SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...
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...