CareTrust REIT, Inc., incorporated on October 29, 2013, is a self-administered, self-managed real estate investment trust (REIT). The Company is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. It makes investments in healthcare-related real estate assets. As of December 31, 2016, the Company's real estate portfolio consisted of 154 skilled nursing facilities (SNFs), SNF Campuses, assisted living facilities (ALFs) and independent living facilities (ILFs). As of December 31, 2016, the 93 facilities leased to The Ensign Group, Inc. (Ensign) had a total of 9,916 beds and units and are located in Arizona, California, Colorado, Idaho, Iowa, Nebraska, Nevada, Texas, Utah and Washington; the 16 facilities leased to affiliates of Pristine Senior Living, LLC (Pristine) had a total of 1,488 beds and units and are located in Ohio; and the 42 remaining leased properties had a total of 3,515 beds and units and are located in California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Maryland, Michigan, Minnesota, North Carolina, Texas, Virginia, Washington and Wisconsin.
As of December 31, 2016, the Company owned and operated three ILF's, which had a total of 264 units located in Texas and Utah. SNFs are licensed healthcare facilities that provide restorative, rehabilitative and nursing care for people not requiring the treatment available at acute care hospitals. Its treatment programs include physical, occupational, speech, respiratory and other therapies, including sub-acute clinical protocols, such as wound care and intravenous drug treatment. ALFs are licensed healthcare facilities that provide personal care services, support and housing for those needing help with activities of daily living, such as bathing, eating and dressing, but requiring limited medical care. The programs and services may include transportation, social activities, exercise and fitness programs, beauty or barber shop access, hobby and craft activities, community excursions, meals in a dining room setting and other activities sought by residents.
ILFs consist of self-contained apartments, having their own kitchens, baths and individual living spaces, as well as parking for tenant vehicles. ILFs offer various services and amenities, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural and recreational activities, on-site security and emergency response programs.
905 Calle Amanecer Ste 300
The company trades on NASDAQ exchange. The company headquarter is located in California, CA.| Ticker | CTRE |
| Long Name | CareTrust REIT, Inc. |
| Short Name | CareTrust REIT |