CareTrust Acquires Mid-Atlantic Skilled Nursing Portfolio for Approximately $142 Million
Core Viewpoint - CareTrust REIT, Inc. announced the acquisition of six skilled nursing facilities in the Mid-Atlantic for approximately $142 million, effective January 1, 2026 [1] Group 1: Acquisition Details - The acquisition includes a portfolio of 532 licensed beds [1] - The facilities will be operated by a new tenant under a long-term triple net lease [1] - The lease features annual inflation-based rent escalators and multiple renewal options [1]