CareTrust REIT Procures Southwest Skilled Nursing Portfolio for $400 Million

MT Newswires Live

1 hour ago

CareTrust REIT (CTRE) has acquired a portfolio of skilled nursing facilities in the Southwest for a total of $400 million, effective Sept. 1, the company said Tuesday.

CareTrust said the portfolio consists of 2,622 licensed skilled nursing beds and is under a long-term lease to the existing operator, with renewal options and annual inflation-based rent escalators, CareTrust said.

The company said the purchase was funded with cash on hand and proceeds from settled equity forward contracts.

Following this acquisition, CareTrust has an investment pipeline of about $600 million, and about half of this is earmarked for its senior housing operating portfolio, CEO Dave Sedgwick said.

CareTrust said the portfolio is expected to generate a stabilized yield of approximately 8.6%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.imtigers.com/news/2667649140"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2667649140\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2667649140?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-15 18:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2667649140","market":"sh","top_or_hot":-1,"title":"CareTrust REIT Procures Southwest Skilled Nursing Portfolio for $400 Million","media":"MT Newswires Live","content":"<html><body><p> CareTrust REIT (CTRE) has acquired a portfolio of skilled nursing facilities in the Southwest for a total of $400 million, effective Sept. 1, the company said Tuesday.</p><p>CareTrust said the portfolio consists of 2,622 licensed skilled nursing beds and is under a long-term lease to the existing operator, with renewal options and annual inflation-based rent escalators, CareTrust said.</p><p>The company said the purchase was funded with cash on hand and proceeds from settled equity forward contracts.</p><p>Following this acquisition, CareTrust has an investment pipeline of about $600 million, and about half of this is earmarked for its senior housing operating portfolio, CEO Dave Sedgwick said.</p><p>CareTrust said the portfolio is expected to generate a stabilized yield of approximately 8.6%.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CareTrust REIT Procures Southwest Skilled Nursing Portfolio for $400 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCareTrust REIT Procures Southwest Skilled Nursing Portfolio for $400 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-15 18:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> CareTrust REIT (CTRE) has acquired a portfolio of skilled nursing facilities in the Southwest for a total of $400 million, effective Sept. 1, the company said Tuesday.</p><p>CareTrust said the portfolio consists of 2,622 licensed skilled nursing beds and is under a long-term lease to the existing operator, with renewal options and annual inflation-based rent escalators, CareTrust said.</p><p>The company said the purchase was funded with cash on hand and proceeds from settled equity forward contracts.</p><p>Following this acquisition, CareTrust has an investment pipeline of about $600 million, and about half of this is earmarked for its senior housing operating portfolio, CEO Dave Sedgwick said.</p><p>CareTrust said the portfolio is expected to generate a stabilized yield of approximately 8.6%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CLR.SI","symbol_name":"LION-PHILLIP S-REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2667649140","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2667649140","pubTimestamp":1789469590,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"CareTrust REIT (CTRE) has acquired a portfolio of skilled nursing facilities in the Southwest for a total of $400 million, effective Sept. 1, the company said Tuesday.CareTrust said the portfolio cons","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CLR.SI":"LION-PHILLIP S-REIT","GLS.SI":"Lion SG Phy Gold S$","CTRE":"CareTrust REIT Inc.","MDIV":"First Trust Exchange-Traded Fund","RJMG":"FT RAYMOND JAMES MULTICAP GROWTH EQUITY ETF","IQRA":"NYLI CBRE Real Assets ETF","BK4203":"医疗保健房地产投资信托","DFRA":"Donoghue Forlines Yield Enhanced Real Asset ETF","8C8U.SI":"Cent Accom REIT","RNTY":"YIELDMAX TARGET 12 REAL ESTATE OPTION INCOME ETF","PSCF":"Invesco S&P SmallCap Financials ETF","JJJ.SI":"Lion-Nomura Japan Active ETF","BK6142":"多户式住宅房地产信托","BK4225":"医疗保健房地产信托","BPRE":"Bluerock Total Income+ Real Estate Fund","SRT.SI":"CSOP S-REITs INDEX ETF","YLDW":"Westwood Enhanced Income Opportunity ETF","IVRA":"Invesco Real Assets ESG ETF","CFA.SI":"NikkoAM-STC Asia REIT","SRU.SI":"CSOP iEdge SREIT ETF US$"},"translate_title":"CareTrust REIT 以 4 亿美元收购西南专业护理投资组合","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SRU.SI":0.6,"RNTY":1.5,"8C8U.SI":1.5,"BPRE":1.5,"CLR.SI":0.6,"MDIV":1.5,"GLS.SI":0.6,"SRT.SI":0.6,"IVRA":1.5,"YLDW":1.5,"DFRA":1.5,"JJJ.SI":0.6,"IQRA":1.5,"PSCF":1.5,"CTRE":1.5,"CFA.SI":1.5,"RJMG":1.5},"content_text":"CareTrust REIT (CTRE) has acquired a portfolio of skilled nursing facilities in the Southwest for a total of $400 million, effective Sept. 1, the company said Tuesday.CareTrust said the portfolio consists of 2,622 licensed skilled nursing beds and is under a long-term lease to the existing operator, with renewal options and annual inflation-based rent escalators, CareTrust said.The company said the purchase was funded with cash on hand and proceeds from settled equity forward contracts.Following this acquisition, CareTrust has an investment pipeline of about $600 million, and about half of this is earmarked for its senior housing operating portfolio, CEO Dave Sedgwick said.CareTrust said the portfolio is expected to generate a stabilized yield of approximately 8.6%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}