CareTrust REIT Acquires Six Mid-Atlantic Skilled Nursing Facilities for $142 Million

Reuters01-05
CareTrust REIT Acquires Six Mid-Atlantic Skilled Nursing Facilities for $142 Million

CareTrust REIT Inc. has acquired a portfolio of six skilled nursing facilities in the Mid-Atlantic region for approximately $142 million, including transaction costs. The portfolio consists of 532 licensed beds and will be operated by a new tenant under a long-term triple net lease with annual inflation-based rent escalators and multiple renewal options. The company expects the portfolio to generate a stabilized yield of 9%. This acquisition, funded with cash on hand, follows a robust 2025 during which CareTrust closed about $1.8 billion in investments and marks continued momentum for 2026. The company’s current investment pipeline is valued at approximately $300 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CareTrust REIT Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260105193583) on January 05, 2026, and is solely responsible for the information contained therein.

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