CareTrust REIT Inc
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CareTrust REIT, Inc. is a self-administered, self-managed real estate investment trust (REIT). The Company is engaged in acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. The Company owns and leases to independent operators approximately 215 skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs), and independent living facilities (ILFs) consisting of 22,727 operational beds and units located in 28 states located in California, Texas, Louisiana, Idaho and Arizona. The Company leases healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company also offers secured mortgage loans to healthcare operators, secured by healthcare-related properties, and secured mezzanine loans secured by membership interests in healthcare-related properties. The Company also owns a multi-facility portfolio of skilled nursing facilities located on the West Coast.
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