CareTrust REIT Reports Acquisition Of Two Skilled Nursing Facilities In Separate Transactions With Total Investment Amount Of $62.1M

Benzinga · Aug 30 05:34

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.

The company has also announced the acquisition of a 134-bed skilled nursing facility located on the West Coast for approximately $24.5 million.

The company currently has approximately $221 million of cash on hand. Also today, the company initiated a new $750 million ATM program under its shelf registration statement on Form S-3 filed with the SEC.

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CareTrust REIT Reports Acquisition Of Two Skilled Nursing Facilities In Separate Transactions With Total Investment Amount Of $62.1M

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