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    CTRE — CareTrust REIT News Story

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    Brief: Caretrust REIT Acquires Southern California Assisted Living Facility

    Picture of CareTrust REIT logoCareTrust REIT
    09/01/2024 11:17
    Jan 9 (Reuters) - CareTrust REIT Inc  CTRE.N :
    * CARETRUST REIT ACQUIRES SOUTHERN CALIFORNIA ASSISTED
LIVING
FACILITY IN JOINT VENTURE INVESTMENT
    * CARETRUST REIT INC - CARETRUST PROVIDED A COMBINED COMMON
EQUITY
AND PREFERRED EQUITY INVESTMENT AMOUNT TOTALING $10.7 MILLION
    * CARETRUST REIT INC - INVESTMENTS WERE FUNDED USING CASH ON
HAND
    * CARETRUST REIT INC - CARETRUST IS MANAGING MEMBER OF JOINT
VENTURE ENTITY.
    * CARETRUST REIT INC - CARETRUST'S INITIAL CONTRACTUAL YIELD
ON
ITS COMBINED PREFERRED AND COMMON EQUITY INVESTMENTS IN JOINT
VENTURE IS ABOUT 9.3%

Source text for Eikon:  ID:nBw9ZHqZ1a 
Further company coverage:  CTRE.N 

 ((Reuters.Briefs@thomsonreuters.com;))

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