CareTrust REIT Acquires Two Care Homes in the United Kingdom

Core Insights - CareTrust REIT, Inc. announced the acquisition of two care homes in the United Kingdom for approximately $27 million [1] - The homes consist of 265 beds primarily serving higher acuity residents and are leased to an existing operator under long-term triple-net leases [1] - The investment was funded using cash on hand, with a stabilized contractual yield on the investment [1]