CareTrust REIT Funds $90 Million Loan and $9 Million Preferred Equity Investment

Monday, 3 June 2024, 20:56

CareTrust REIT has funded a $90 million loan and $9 million preferred equity investment for the acquisition of 8 skilled nursing facilities in the Southeast. The company also reported an expanded pipeline worth $460 million, highlighting its commitment to growth and investment in healthcare real estate.
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CareTrust REIT Funds $90 Million Loan and $9 Million Preferred Equity Investment

CareTrust REIT Funds $90M Loan and $9M Equity Investment

CareTrust REIT has provided financial support through a $90 million loan and a $9 million preferred equity investment for the acquisition of 8 skilled nursing facilities in the Southeast.

Expanded Pipeline Worth $460 Million

The company has reported an expanded pipeline with a total value of $460 million, reflecting its strong focus on growth and investment in healthcare real estate.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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