CareTrust Announces $291 Million of Recent Investments; $1.5 Billion Investments Year-To-Date; Reloaded Pipeline
CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today the recent closing of two transactions totaling $291 million of investments encompassing a 16-property care home portfolio in the UK and two senior housing communities in the US.
On August 1, 2026, CareTrust acquired two off-market Utah senior housing communities comprising 212 assisted living and memory care units for approximately $65 million, inclusive of transaction costs. The communities will be part of CareTrust’s senior housing operating portfolio and managed by an existing operator relationship with a presence in the area. Tri Tran, CareTrust’s SVP of Investments, said, “These communities are quality assets with an excellent reputation in a market we know well. Opened within the past ten years, these communities have a lot of potential to deliver long-term top- and bottom-line results through continued strong performance.”
Also in early August, CareTrust acquired a portfolio of 16 care homes across England and Scotland for an initial investment of approximately $226 million, inclusive of transaction costs. The portfolio is operated under a long-term lease to an experienced management team with a track record of successful care home operations. “This was a complicated deal to get across the line, and closing it speaks to the discipline and solutions-oriented approach of our team. It further expands our rapidly growing UK footprint and reflects how we're sourcing and executing quality opportunities in the region,” said James Callister, CareTrust’s Chief Investment Officer.
