CareTrust REIT, Inc.
CTRE
$28.28
-$0.38-1.33%
NYSE
Corporate Info
Website
Phone Number
949 542 3130
Address
905 Calle Amanecer
Suite 300
San Clemente, CA 92673-6277
Suite 300
San Clemente, CA 92673-6277
Country
United States
Year Founded
2013
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
21
Business Decription
CareTrust REIT is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of seniors housing and healthcare-related properties. CareTrust REIT generates revenues primarily by leasing properties to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses. Since its debut as a standalone public company on June 1, 2014, and as of March 31, 2025, CareTrust REIT has expanded its tenant roster to 26 operators, and has grown its real estate portfolio to 249 net-leased healthcare properties across 32 states, consisting of 27,229 operating beds/units, excluding 6 properties classified as held for sale as of March 31, 2025. As of March 31, 2025, CareTrust REIT also had 21 other real estate related investments related to 113 healthcare properties across 17 states, consisting of 11,968 operating beds/units and one financing receivable related to 46 properties in one state consisting of 3,820 operating beds/units.