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Symbol CTRE
Name CareTrust REIT, Inc.
Currency USD
Sector Real Estate
IndustryGroup Real Estate
Industry Equity Real Estate Investment Trusts (REITs)
Market NASDAQ Global Select
Country United States
State CA
City San Clemente
Zipcode 92673
Website http://www.caretrustreit.com
This week saw significant healthcare deals, including VitalHub's acquisition of Strata Health for approximately $23.3 million, aimed at expanding into the electronic referral market. Private equity firm Francisco Partners plans to acquire AdvancedMD for $1.12 billion, while CareTrust REIT is set to purchase 31 nursing homes for $500 million. Additionally, Black River Memorial Hospital and Krohn Clinic in Wisconsin have agreed to merge, forming Black River Health, with the deal expected to close on December 30.
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