CareTrust REIT Announces $62.1M Acquisition of Two Skilled Nursing Facilities in Separate Transactions

CareTrust REIT, Inc. (NYSE:CTRE) announces the acquisition of two skilled nursing facilities in separate transactions with a total investment amount of approximately $62.1 million. On August 29th, 2024, the company acquired a 125-licensed bed skilled nursing facility in the Mid-Atlantic. Separately, on August 7th, 2024, the company closed an investment in a 134-licensed bed skilled nursing facility located on the West Coast.

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Source: https://www.businesswire.com/news/home/20240829440578/en/CareTrust-REIT-Announces-62.1-Million-Acquisition-of-Two-Skilled-Nursing-Facilities-in-Separate-Transactions-Pipeline-Replenished

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