CareTrust REIT

About CareTrust REIT

CareTrust REIT is a healthcare real estate investment trust that acquires and leases senior housing and healthcare properties across the United States to operators of varying sizes. Their mission is to support top-notch healthcare operators in realizing their growth potential while delivering steady value to shareholders through accretive investments, a well-protected dividend, and a best-in-class tenant roster.

Products & Services

Skilled Nursing Facilities (SNF):Represents 78% of their real estate portfolio, with 318 facilities and a focus on providing skilled nursing care.

Assisted Living Facilities (ALF) and Independent Living Facilities (ILF):Comprises 14% of their portfolio, with 52 ALF and 6 ILF, catering to seniors needing assistance or independent living options.

Campuses (SNF + ALF):Accounts for 8% of their portfolio, with 32 campuses combining skilled nursing and assisted living services.

Specialties

Senior Housing Healthcare Property Leasing Operator Partnerships Creative Financing Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Public Offering T: - FT: Public Offering	A: 640000000 MR: - FA: $640,000,000 FAN: 640000000	D: 2025-08-14 FD: 2025-08-14	10 investors
2	RT: Term Loan T: - FT: Term Loan	A: 500000000 MR: - FA: $500 million FAN: 500000000	D: 2025-06-02 FD: 2025-06-02	2 investors
3	RT: Public Offering T: - FT: Public Offering	A: 441600000 MR: - FA: 13,800,000 shares at $32.00 per share FAN: 441600000	D: 2024-11-01 FD: 2024-11-01	7 investors
4	RT: Public Offering T: - FT: Public Offering	A: 11500000 MR: - FA: 11,500,000 shares FAN: 11500000	D: 2024-10-30 FD: 2024-10-30	5 investors
5	RT: Debt T: - FT: Debt	A: 15700000 MR: - FA: 15.7 million FAN: 15700000	D: 2023-07-20 FD: 2023-07-20	-
6	RT: Equity T: - FT: Equity	A: 133000000 MR: - FA: approximately $133 million FAN: 133000000	D: 2023-07-05 FD: 2023-07-05	-

Public Offering Latest

2025-08-14

$640.0M

10 investors (Pro only)

Term Loan 2025-06-02

$500.0M

Public Offering 2024-11-01

$441.6M

View 5 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

D

Dave Sedgwick

President & Chief Executive Officer

B

Bill Wagner

Chief Financial Officer

J

James Callister

Chief Investment Officer

D

Diana Laing

Board Chair

S

Spencer Plumb

President and Chief Executive Officer of Sabin Holdings, LLC

C

Careina Williams

Founder and Managing Partner of Caro Investors

View 4 more team members with Pro

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Recent News

CareTrust REIT Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised