CareTrust REIT, Inc. CTRE

CTRE Company Overview

CareTrust REIT, Inc. (NYSE: CTRE) is a self-administered, publicly traded real estate investment trust (REIT) focused primarily on healthcare-related properties in the United States. The company invests in, owns, and leases skilled nursing facilities, seniors housing communities, and other healthcare-related real estate. Its operating model is centered on acquiring healthcare properties and leasing them to regional and national healthcare operators under long-term triple-net lease arrangements, where tenants are generally responsible for property-level operating expenses, maintenance, taxes, and insurance.

The company’s primary revenue driver is rental income generated from its healthcare real estate portfolio, supplemented by financing arrangements such as mortgage loans and other real estate-related investments. CareTrust was formed in 2014 through a spin-off from The Ensign Group, Inc., which separated its real estate holdings into an independent REIT structure. Since its formation, the company has expanded through acquisitions, portfolio transactions, and operator partnerships across the post-acute care and senior housing sectors. Its strategic positioning is tied to demographic trends associated with aging populations and increasing demand for long-term care and skilled nursing services.