CareTrust REIT - McKnight's Senior Living

CareTrust REIT

Business briefs for Thursday, April 23

Healthpeak sells West Palm Beach, FL, senior housing facility at huge discount … Genesis Healthcare founder dies of coronavirus … NIC founder Bob Kramer launches senior advisory services firm … CareTrust REIT to hold annual meeting virtually

Business briefs for Monday, March 23

CareTrust REIT announces $150 M share repurchase program … The financial markets set these seven records last week … Coronavirus leads U.S. to extend tax filing deadline to July 15 … New York senior community gets refi from Freddie Mac

Gregory Stapley headshot

CareTrust REIT: Fewer ‘meaningful opportunities’ in senior housing

“There are plenty of assisted living and memory care deals out there right now, but most don’t fit with our or our operators’ objectives. So meaningful opportunities for us in that asset class have been fewer and farther between,” CareTrust REIT Chief Investment Officer Mark Lamb said Friday during the company’s fourth-quarter and full-year 2019 earnings call.

Next post in News