Company description
CTRE or CareTrust REIT, Inc. is a publicly traded real estate investment trust that primarily focuses on acquiring, owning, and leasing healthcare-related properties in the United States. The company was founded in 2014 and is headquartered in San Clemente, California. Through its portfolio of over 300 properties, CTRE provides a diverse range of services such as skilled nursing facilities, seniors housing, rehabilitation centers, and behavioral health services. With a network of over 40 regional and national tenants, the company generates stable and predictable cash flows. Its strategic partnership with healthcare operators enables it to maintain high occupancy rates and maximize its potential for growth. CTRE has a strong track record of consistent dividends and has been increasing its dividend payout every year since its inception. The company prides itself on its strong financial performance and a commitment to enhancing shareholder value. With a team of experienced professionals and a strong focus on customer satisfaction, CareTrust REIT, Inc. continues to expand its presence in the lucrative healthcare real estate market.