2023 is off to an “exciting start” for CareTrust REIT, with new investments, a “robust” acquisition pipeline and new operators rounding out its portfolio, executives said Thursday.
Aveanna Healthcare, CareTrust REIT, Invesque and Sonida Senior Living reported first-quarter results on Thursday.
CareTrust REIT decides to keep 14 senior living properties previously marked for change
By
Lois A. Bowers
Feb 13, 2023
The REIT decided to keep 14 senior living communities previously designated as candidates for sale, repositioning or restructuring.
Earnings call snapshot: Ventas, CareTrust REIT
By
Kathleen Steele Gaivin
Feb 13, 2023
Chicago-based real estate investment trust Ventas delivered strong fourth-quarter results, Ventas Chairman and CEO Debra A. Cafaro said during the REIT’s call.
REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
‘Wave of demand’ coming in senior living, experts say
By
Kathleen Steele Gaivin
Jan 11, 2023
Senior living is a growth sector, John Chang, senior vice president of research services at Marcus & Millichap, said during a Tuesday afternoon webcast sponsored by the real estate investment services...
SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...
Business briefs, Dec. 20
By
Kathleen Steele Gaivin
Dec 20, 2022
Ransomware attacks lead CMS to issue new IDs to 254K Medicare beneficiaries … CareTrust REIT announces extension, renewal of unsecured revolver … Broadmark Realty Capital declares monthly cash dividend...
Business briefs, Dec. 19
By
Kathleen Steele Gaivin
Dec 19, 2022
CareTrust REIT reports quarterly dividend of $0.275 per share … Ensign Group increases quarterly dividend to $0.0575 per share … Court dismisses senior living providers’ suit against state over licensure...
CareTrust REIT hasn’t ‘written off’ senior living, CEO says
By
Lois A. Bowers
Nov 10, 2022
CareTrust REIT’s investment pipeline consists primarily of skilled nursing and behavioral health properties right now rather than senior living communities, Chief Investment Officer Mark Lamb said Wednesday...