C

CareTrust REIT Inc
NYSE:CTRE

Watchlist Manager
CareTrust REIT Inc
NYSE:CTRE
Watchlist
Price: 27.39 USD 0.62% Market Closed
Market Cap: 5.1B USD
Have any thoughts about
CareTrust REIT Inc?
Write Note

CareTrust REIT Inc
Investor Relations

CareTrust REIT Inc. stands as a notable player in the dynamic world of real estate investment trusts, specializing in healthcare-related assets. Born out of the vision to capitalize on the burgeoning demand for senior living and healthcare facilities, the company strategically focuses on acquiring and leasing out these properties. The core of its business model rests on owning high-quality real estate, which it leases primarily to healthcare operators under long-term triple-net leases. This arrangement shifts most operational expenses, including maintenance and taxes, to the tenants, allowing CareTrust REIT to enjoy a more predictable and stable cash flow, a critical component for any REIT aiming to provide consistent returns to investors.

In the portfolio of CareTrust REIT, one finds a diverse array of skilled nursing facilities, assisted living communities, and independent living centers, which are tailored to meet the needs of an aging population. By nurturing long-term relationships with a network of reliable operators, the company ensures that its properties consistently generate revenue. The focus is not merely on accumulating properties but on maintaining a portfolio that aligns with healthcare trends, regulatory environments, and demographic shifts. This strategic positioning enables CareTrust REIT to be not just a landlord but a crucial partner in the delivery of healthcare services, thereby underpinning its financial health and paving the way for potential growth in the ever-evolving real estate and healthcare sectors.

Show more

Earnings Calls

Show Transcript
Previous
Next
Loading

Management

Mr. David M. Sedgwick
CEO, President & Director
No Bio Available
Mr. William M. Wagner CPA
CFO & Treasurer
No Bio Available
Mr. Eric Gillis
Director of Asset Management
No Bio Available
Ms. Lauren Beale
Senior VP & Controller
No Bio Available

Contacts

Address
CALIFORNIA
San Clemente
905 Calle Amanecer Ste 300
Contacts