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Noticias de CTRE
Eventos de CTRE
CareTrust REIT Closes Two Transactions Totaling $291M
CareTrust REIT announced the recent closing of two transactions totaling $291M 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 $65M, 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. Also in early August, CareTrust acquired a portfolio of 16 care homes across England and Scotland for an initial investment of approximately $226M, inclusive of transaction costs.
CareTrust CFO Comments FFO and FAD Guidance Increases of 16.2% and 15.1% for 2025
Derek Bunker, CareTrust's Chief Financial Officer commented, "The midpoints of our new Normalized FFO and Normalized FAD guidance represent increases of 16.2% and 15.1%, respectively, over 2025 results. Our liquidity and capital access remain in great shape, giving us the flexibility to keep funding investments at our current pace. Between a balance sheet built for optionality and deep relationships across capital markets, we have real competitive advantages that provide runway to keep pursuing external growth aggressively."
CareTrust Reports Q2 Revenue of $161.348M
Reports Q2 revenue $161.348M vs $112.469M last year. "The two transactions highlighted here showcase why our strategic expansion last year into the UK care home market and adding a SHOP platform were so transformative for CareTrust," said Dave Sedgwick, CareTrust's Chief Executive Officer. "With approximately $1.5 billion invested year to date and a reloaded pipeline of approximately $540 million, we're excited to see momentum building across all three engines of growth."
Wells Fargo and JPMorgan Jointly Manage Offering
Wells Fargo and JPMorgan are acting as joint book running managers for the offering.
CareTrust REIT Commences Public Offering of 10M Shares
CareTrust REIT announced that it has commenced, subject to market and other conditions, an underwritten public offering of an aggregate of 10M shares of its common stock. Wells Fargo Securities and J.P. Morgan are acting as the book-running managers for the offering.
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