CareTrust REIT Grows in Texas and Expands into Kansas with New Operator
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired two skilled nursing facilities: AdventHealth Care Center Burleson , a 178-bed...
CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired two skilled nursing facilities: AdventHealth Care Center Burleson , a 178-bed facility located in Burleson, Texas, and AdventHealth Care Center Overland Park , a 102-bed facility located in Overland Park, Kansas. The Overland Park facility represents CareTrust's entry into the Kansas market. The acquisition of the Burleson facility will be a 'tack-on' to CareTrust's existing lease with Austin, Texas-based operator Momentum Skilled Services, which will replace the outgoing operator.