CareTrust acquires 10 nursing facilities for $146M

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San Clemente, Calif.-based CareTrust REIT and an unnamed partner have acquired 10 skilled nursing facilities in the Pacific Northwest for about $146 million. 

The facilities are located across Idaho, Oregon and Washington and have been leased to two existing CareTrust tenants, according to a June 2 news release from the company.

The company acquired more than $1.5 billion in skilled nursing and older adult housing investments in 2024, the release said.

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