CareTrust REIT Acquires $628M in Healthcare Properties

CareTrust REIT (CTRE) completed $628 million in investments in April, including the acquisition of 15 skilled nursing facilities in California valued at $380 million. The facilities cover approximately 1,700 beds. The acquisition is expected to strengthen the company's presence in the healthcare real estate sector.

By Pratyush Thakur, SA News Editor · Seeking Alpha ·

CareTrust REIT Acquires $628M in Healthcare Properties

Tickers: $CTRE

Topics: acquisition real estate real estate investment trust skilled nursing facilities

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