Manage Tickers Link Financial Account

Has my stock been accused of fraud?Join over 160k users who know.

Ticker	Price	Change($)	Change(%)	Shares	Volume	Prev Close	Open	Gain($)	Gain(%)

Ticker	Status	Jurisdiction	Filing Date	CP Start	CP End	CP Loss	Deadline

Ticker	Case Name	Status	CP Start	CP End	Deadline	Settlement Amt

Ticker	Name	Date	Analyst Firm	Up/Down	Target ($)	Rating Change	Rating Current

Analyst Rating Guide

News

Back

CareTrust REIT Expands Portfolio With $60M Acquisition Of Three Southern California Continuing Care Retirement Communities

Author: Benzinga Newsdesk | April 02, 2024 06:11am

CareTrust acquired Torrey Pines Senior Living, a CCRC located in San Diego, California, for a total investment amount of approximately $32.3 million (inclusive of transaction costs). The Torrey Pines facility has been added to CareTrust's existing master lease with Bayshire. Annual cash rent for the first year is approximately $2.6 million, increasing to approximately $3.0 million in the second year with CPI-based annual escalators thereafter.

Posted In: CTRE