CareTrust REIT (NYSE:CTRE) is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.
Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets. The company’s portfolio is geographically diversified, with assets located in key states such as Florida, Texas, California, Michigan and Ohio. By partnering with creditworthy and experienced healthcare providers, CareTrust REIT seeks to align its interests with operators that maintain high standards of care and occupancy, thereby enhancing the overall performance and resilience of its real estate investments.
CareTrust REIT’s business model emphasizes long-term net leases, under which tenant responsibilities typically include property-level taxes, insurance and maintenance obligations. This structure allows the company to concentrate on asset management, capital allocation and tenant relationships, while preserving a stable cost structure that can support attractive and growing distributions to shareholders. The company’s investment strategy is underpinned by rigorous underwriting, ongoing asset management and a proactive approach to portfolio optimization, including targeted dispositions and capital recycling initiatives.
Led by an experienced management team with deep expertise in both real estate investment and healthcare operations, CareTrust REIT is governed by a board of directors that oversees corporate strategy, risk management and stakeholder engagement. The company maintains a focus on the evolving needs of the healthcare industry, including demographic trends and changing regulatory environments, to drive long-term value creation for investors. CareTrust REIT continues to explore opportunities to expand its portfolio through accretive acquisitions and strategic partnerships, aiming to enhance scale and diversify its tenant base.
