CareTrust REIT Acquires Skilled Nursing Portfolio for $400 Million; Announces $600 Million Reloaded Pipeline

DANA POINT, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today the acquisition of a large portfolio of skilled nursing facilities located in the southwest for a purchase price of $400 million, effective September 1, 2026. The portfolio comprises 2,622 licensed skilled nursing beds and is triple-net leased to the existing operator under a long-term lease with annual inflation-based rent escalators and multiple renewal options. The facilities

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