CareTrust REIT (NASDAQ:CTRE) is a healthcare-focused real estate investment trust that acquires and manages net-leased properties serving the senior housing and medical markets. The company's portfolio spans skilled nursing facilities, assisted living communities, independent living properties, medical office buildings and life science facilities. By structuring leases on a triple-net basis, CareTrust REIT offers long-term, stable rental income streams while allowing its tenants to operate and maintain their specialized healthcare facilities.
The company’s assets are geographically diversified across the United States, with a concentration in regions experiencing aging demographics and growing demand for senior care services. CareTrust REIT partners with leading operators in the healthcare sector, providing capital to support the development, expansion and renovation of properties that deliver critical care and housing solutions to seniors and patients. Through these partnerships, the REIT seeks to align landlord and tenant interests, promoting property upkeep and tenant stability.
Established in 2016 and headquartered in McLean, Virginia, CareTrust REIT completed its initial public offering following a spin-off from an established healthcare real estate platform. Since inception, the company has pursued an active acquisition strategy, targeting properties with durable cash flow characteristics and investment-grade tenant profiles. The management team brings extensive experience in healthcare real estate investment, structured finance and property management, guiding the REIT’s disciplined approach to growth.
CareTrust REIT is committed to building a high-quality portfolio that addresses the evolving needs of the senior housing and healthcare markets. By focusing on net-leased healthcare real estate, the company aims to deliver reliable income for investors while supporting operators in providing essential care and services to aging populations.