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CareTrust REIT Acquires Two Care Homes in the United Kingdom
CareTrust REITCareTrust REIT(US:CTRE) Businesswire·2025-09-24 10:00

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) ("CareTrust†or the "Company†) announced today its acquisition of two care homes in the United Kingdom for approximately $27 million. The homes comprise 265 beds serving mostly higher acuity residents and are leased to an existing operator under long-term triple-net leases that include extension options and annual escalators. CareTrust funded the investment using cash on hand, with a stabilized contractual yield on the Comp. ...