Deals
CareTrust REIT Is Exploring Options Including a Sale
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CareTrust REIT Inc., a real estate investment trust which owns skilled-nursing facilities, senior housing and other health-care properties, is exploring strategic options including a sale, according to people with knowledge of the matter.
The San Clemente, California-based REIT is working with an adviser to solicit interest from potential suitors including rivals and real estate-focused investment firms, said the people, who requested anonymity discussing talks that are private. No final decision has been made and CareTrust could opt to remain publicly traded.