Assisted living facilities
LTC Properties, Inc. has announced the closing of a $40 million Senior Housing Operating Portfolio acquisition, adding two assisted living and memory care communities to its portfolio. The communities, operated by Charter Senior Living, have opened in 2023 and are stabilized, with a year-one yield of approximately 7%. This acquisition
Assisted living facilities
CareTrust REIT, Inc. (NYSE:CTRE) has announced the acquisition of a 4-facility, 396-bed skilled nursing portfolio in the Mid-Atlantic for approximately $74.7 million, inclusive of transaction costs. This investment represents a significant expansion of the company's portfolio and further solidifies its position in the skilled nursing and
Assisted living facilities
Strawberry Fields REIT, Inc. has completed the acquisition of an 83-bed skilled nursing facility and a 28-room assisted living facility in Gainesboro, Tennessee, for $6.7 million. This acquisition adds to the company's existing Infinity of Tennessee Master Lease and marks the 15th facility in Tennessee for the
