CareTrust REIT, Inc. (NYSE:CTRE) announces the acquisition of two facilities in separate transactions with a total investment amount of approximately $55 million. On April 1, 2025, the company acquired a skilled nursing and assisted living campus facility located in Los Alamitos, California. The campus includes a 150-bed skilled nursing facility and a 140-bed residential care facility for the elderly. CareTrust has also announced that on March 1, 2025, the company acquired a 160-bed residential care facility for the elderly located in Concord, California for approximately $20.6 million, inclusive of transaction costs.
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Source: https://www.businesswire.com/news/home/20250402007378/en/CareTrust-REIT-Announces-%2455-Million-Acquisition-of-Two-California-Facilities-in-Separate-Transactions