CareTrust REIT
San Clemente, California, United States · Hospitality, Real Estate
CareTrust REIT, Inc. (NYSE:CTRE) is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development, and leasing of skilled nursing, seniors housing, and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both e
Key facts
- Headquarters
- San Clemente, California, United States
- Employees
- 48
- Industries
- Hospitality, Real Estate
- Status
- Public (CTRE)
- Website
- www.caretrustreit.com
- Company page
Recent activity at CareTrust REIT
- : SEC 8-K (1.01): On October 29, 2026, CTR Partnership, L.P. (the 'Operating Partnership'), along with CareTrust REIT, Inc. (the 'Company') as guarantor, entered into a fourth amended and restated credit and guaranty agreement with KeyBank National Association. This agreement provides for an unsecured revolving credit facility of up to $2.0 billion, along with a new unsecured term loan facility of $700.0 million and an existing unsecured term loan of $500.0 million. The facilities are intended to refinance existing debt, fund investments, and cover general corporate purposes. Key features include a maturity date for the revolving facility set for February 9, 2031, and for the new term loan facility set for February 9, 2032, with options for extensions and the potential to increase borrowing up to an additional $1.0 billion under certain conditions.
- : CareTrust REIT Forms $1.4 Billion Partnership with LNT to Expand U.K. Care Homes.
- : SEC 8-K (2.01): On October 1, 2026, CareTrust REIT, Inc., through its subsidiary CareTrust UK Limited, completed the acquisition of the entire issued share capital of care home property companies that own 23 completed care homes and one additional care home pending regulatory approval. This transaction was conducted under a Share Purchase Deed dated September 30, 2026. The seller in this acquisition was LNT Care Developments Holdings Limited, and it marks a strategic expansion of CareTrust's portfolio in the care home sector. The financial details of the acquisition were not disclosed in the filing, but it is expected to enhance the operational capacity and revenue potential of the company.
- : SEC 8-K (7.01):
- : SEC 8-K (8.01): On May 18, 2026, CareTrust REIT, Inc. entered into an underwriting agreement with Wells Fargo Securities, LLC and J.P. Morgan Securities LLC for the offer and sale of 12,500,000 shares of common stock at $40.225 per share, with an additional option for 1,875,000 shares. The underwriters exercised this option in full on May 20, 2026. The closing of this additional stock offering occurred on May 21, 2026, involving separate additional forward sale agreements with Wells Fargo Bank and JPMorgan Chase Bank. This offering is significant as it raises funds for CareTrust REIT, which may impact its future investment capabilities and growth strategies.
- : SEC 8-K (8.01): On May 18, 2026, CareTrust REIT, Inc. and its operating partnership, CTR Partnership, L.P., entered into an Underwriting Agreement with Wells Fargo Securities, LLC and J.P. Morgan Securities LLC to sell 12,500,000 shares of common stock at $40.225 per share, with the offer closing on May 20, 2026. This offering also includes an additional 1,875,000 Optional Shares. Additionally, Forward Sale Agreements were executed with Wells Fargo Bank and JPMorgan Chase Bank, allowing these banks to borrow and sell the shares. Physical settlement of the Forward Sale Agreements is expected to occur by May 20, 2027, providing the Company the option to choose cash or net share settlement. This strategic move is anticipated to enhance the Company's liquidity and capitalize on favorable market conditions.
- : SEC 8-K (7.01):
- : SEC 8-K (7.01):
- : SEC 8-K (1.01): On February 17, 2026, CareTrust REIT, Inc. entered into a new equity distribution agreement, referred to as the Equity Distribution Agreement, with a group of sales agents and forward purchasers including BMO Capital Markets Corp., BofA Securities, Inc., and several others. Under this agreement, CareTrust REIT can sell shares of its common stock with an aggregate gross offering price of up to $1,000,000,000 through 'at-the-market' transactions. This strategy allows for sales to be executed through existing trading markets, enhancing the company’s capital-raising flexibility and potentially impacting its liquidity and financial stability. Commissions for sales under this agreement may not exceed 2.0% of the sale price, providing a clear cost structure for their equity offerings.
- : CareTrust REIT acquires Care REIT plc in UK move
Leadership
- Dave Sedgwick, President & CEO
- James Callister, Chief Investment Officer
- Derek Bunker, Chief Financial Officer
- Tri Tran, Vice President
- Lauren Beale, Chief Accounting Officer
Verified email and direct lines for CareTrust REIT’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
CareTrust REIT files 1 employee benefit plan with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
CareTrust REIT in the news
- CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 7, 2026 - Business Wire (Jul 23, 2026)
- CareTrust REIT, Inc. (CTRE) company profile and facts - Yahoo Finance UK (Mar 08, 2018)
- A $400 million deal adds 2,622 nursing-home beds. CareTrust has about $600 million in near-term opportunities. - Stock Titan (Sep 15, 2026)
- CareTrust REIT (NYSE:CTRE) Stock Price - Simply Wall St (Oct 17, 2026)
- CareTrust Announces Strategic SHOP Pipeline Agreement with LNT Care Developments to Acquire 45 New UK Care Homes for £1.1 Billion - Business Wire (Oct 02, 2026)
- CareTrust REIT, Inc. (CTRE) stock price, news, quote and history - Yahoo Finance UK (May 19, 2017)
- CareTrust REIT Secures Massive $1.2B Credit Facility, S&P Upgrades Rating Amid Record Investment Year - Stock Titan (Dec 19, 2024)
- CareTrust REIT Announces 2024 Dividend Tax Treatment: $1.15 Per Share Distribution - Stock Titan (Jan 24, 2025)
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About CareTrust REIT: questions and answers
What does CareTrust REIT do?
CareTrust REIT, Inc. (NYSE:CTRE) is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development, and leasing of skilled nursing, seniors housing, and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both e
Where is CareTrust REIT headquartered?
CareTrust REIT is headquartered in San Clemente, California, United States.
How many employees does CareTrust REIT have?
CareTrust REIT has about 48 employees.
Who leads CareTrust REIT?
Dave Sedgwick is a President & CEO at CareTrust REIT.
What is the latest news on CareTrust REIT?
On Oct 30, 2026, SEC 8-K (1.01): On October 29, 2026, CTR Partnership, L.P. (the 'Operating Partnership'), along with CareTrust REIT, Inc. (the 'Company') as guarantor, entered into a fourth amended and restated credit and guaranty agreement with KeyBank National Association. This agreement provides for an unsecured
Is CareTrust REIT a public company?
Yes. CareTrust REIT is publicly traded under the ticker CTRE.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy