May 02, 2016 12:11 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of CentraCore Properties Trust

Company Overview

CentraCore Properties Trust, a real estate investment trust (REIT), engages in the acquisition and ownership of correctional and detention facilities in the United States. It acquires these facilities from private prison operators and government entities and leases them under long-term, non cancelable triple-net leases. As of March 14, 2006, the trust owned and leased 13 correctional and detention facilities in 9 states with an aggregate design capacity of 7,556 beds. CentraCore Properties has elected to be taxed as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, if it distributes at least 90% of its REIT taxable income to its shareho...

11376 Jog Road

Suite 101

Palm Beach Gardens, FL 33418

United States

Founded in 1998

5 Employees





Key Executives for CentraCore Properties Trust

Chief Executive Officer, President, Assistant Secretary, Trustee and Member of Executive Committee
Age: 66
Chief Financial Officer, Chief Accounting Officer, Senior Vice President, Secretary and Treasurer
Age: 49
Compensation as of Fiscal Year 2015.

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