Associated tags: Nursing, REIT, Construction & Property, Commercial Building & Real Estate, Health, NYSE, Consumer, Seniors, Managed Care, Cryptocurrency, Residential Building & Real Estate, Security (finance), ID
Locations: UNITED STATES
Commercial Building & Real Estate,
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Security (finance) CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its first quarter 2024 financial results after the U.S. markets close on Thursday, May 2, 2024.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its first quarter 2024 financial results after the U.S. markets close on Thursday, May 2, 2024.
- Representatives of CareTrust REIT’s management team will host a conference call to discuss the results and other current matters the following day.
- CareTrust REIT invites current and prospective investors to listen to the call on Friday, May 3, 2024 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).
- A recording of the call will be available for replay via the website for approximately 30 days following the call.
Seniors,
Construction & Property,
Baby Boomers,
Managed Care,
Health,
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Consumer,
Residential Building & Real Estate,
Nursing,
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Patient,
CCRC,
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Hand CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San Diego counties.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San Diego counties.
- All three facilities will be operated by Bayshire Senior Communities, an existing CareTrust tenant based in Southern California.
- 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).
- Acquisition of the other two CCRCs was completed through a joint venture arrangement entered into between CareTrust and a third-party regional healthcare real estate investor.
Health,
Consumer,
Seniors,
Baby Boomers,
Managed Care,
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REIT,
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Patient,
PACS,
Commercial property CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs.
- The portfolio, consisting of 210 skilled nursing beds and 24 assisted living units, will be added to CareTrust’s existing master lease with affiliates of PACS Group, Inc., who has been operating the facilities for a third-party landlord.
- Two of the facilities are located in Houston, Texas and one is located in Columbia, Missouri.
- The acquisition adds three facilities to CareTrust’s relationship with PACS and increases annual rent under the existing master lease by approximately $5,002,000.
Commercial Building & Real Estate,
Seniors,
Construction & Property,
Nursing,
Health,
REIT,
Consumer,
Residential Building & Real Estate,
Security (finance),
Webcast,
ID CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its fourth quarter and full year 2023 financial results after the U.S. markets close on Thursday, February 8, 2024.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its fourth quarter and full year 2023 financial results after the U.S. markets close on Thursday, February 8, 2024.
- Representatives of CareTrust REIT’s management team will host a conference call to discuss the results and other current matters the following day.
- CareTrust REIT invites current and prospective investors to listen to the call on Friday, February 9, 2024 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).
- A recording of the call will be available for replay via the website for approximately 30 days following the call.
Retrieved on:
Tuesday, January 23, 2024
Nursing,
Residential Building & Real Estate,
Commercial Building & Real Estate,
Construction & Property,
REIT,
Professional Services,
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Internal Revenue Service,
IRS,
Holding company If you were a stockholder of record as of December 29, 2023, $0.00 is reported on your 2023 Form 1099 and $0.28 will be reported on your 2024 Form 1099.
Key Points:
- If you were a stockholder of record as of December 29, 2023, $0.00 is reported on your 2023 Form 1099 and $0.28 will be reported on your 2024 Form 1099.
- The tax treatment of these dividends by state and local authorities varies and may not be the same as the IRS’s treatment.
- Because federal and state tax laws affect individuals differently, the Company cannot advise shareholders on how dividends should be reported on their tax returns.
- The Company encourages shareholders to consult with their own tax advisors with respect to the federal, state and local income tax consequences of these dividends.
Commercial Building & Real Estate,
Seniors,
Construction & Property,
Nursing,
Health,
REIT,
Consumer,
Residential Building & Real Estate,
Security (finance),
ID,
NYSE,
Webcast,
Cryptocurrency CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its third quarter 2023 financial results after the U.S. markets close on Thursday, November 9, 2023.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its third quarter 2023 financial results after the U.S. markets close on Thursday, November 9, 2023.
- Representatives of CareTrust REIT’s management team will host a conference call to discuss the results and other current matters the following day.
- CareTrust REIT invites current and prospective investors to listen to the call on Friday, November 10, 2023 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).
- A recording of the call will be available for replay via the website for approximately 30 days following the call.
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Cryptocurrency,
Security (finance) CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2023, as well as other recent events.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2023, as well as other recent events.
- The Company recognized $0.4 million of rent from this operator in the quarter and reports receiving $0.3 million in July.
- On an annualized basis, the payout ratio was approximately 80% based on second quarter 2023 normalized FFO, and 78% based on normalized FAD.
- A conference call will be held on Friday, August 4, 2023, at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time), during which CareTrust’s management will discuss second quarter results, recent developments and other matters.
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its second quarter 2023 financial results after the U.S. markets close on Thursday, August 3, 2023.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) announced today that it plans to release its second quarter 2023 financial results after the U.S. markets close on Thursday, August 3, 2023.
- Representatives of CareTrust REIT’s management team will host a conference call to discuss the results and other current matters the following day.
- CareTrust REIT invites current and prospective investors to listen to the call on Friday, August 4, 2023 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).
- A recording of the call will be available for replay via the website for approximately 30 days following the call.
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has released a new investor presentation and business update in conjunction with NAREIT's REITweek 2023 Investor Conference.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has released a new investor presentation and business update in conjunction with NAREIT's REITweek 2023 Investor Conference.
- The new presentation can be accessed under the "Events and Presentations" tab on the Investors page of CareTrust's website, at https://investor.caretrustreit.com/events-and-presentations/default.aspx .
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has worked together with a regional investor in healthcare real estate to facilitate the acquisition of a multi-facility portfolio of skilled nursing facilities located on the West Coast.
Key Points:
- CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has worked together with a regional investor in healthcare real estate to facilitate the acquisition of a multi-facility portfolio of skilled nursing facilities located on the West Coast.
- As part of the transaction, CareTrust acquired three skilled nursing facilities on June 1, 2023 with one additional facility scheduled to close once third-party consents have been obtained.
- The four-property acquisition includes 450 skilled nursing beds and 20 assisted living units.
- Links is an experienced operator founded by Toby Tilford and Curt Rodriguez and currently operates 16 skilled nursing and senior housing communities.
