CareTrust REIT Expands UK Footprint With 1.1 Billion Pound LNT Care Home Acquisition

According to reporting from Bisnow, American investor CareTrust REIT has finalized a massive purchase of nearly 3,000 beds from developer LNT. The transaction involves 45 facilities across the United Kingdom and will eventually push the firm's total domestic portfolio value to 2.

According to reporting from Bisnow, American investor CareTrust REIT has finalized a massive purchase of nearly 3,000 beds from developer LNT. The transaction involves 45 facilities across the United Kingdom and will eventually push the firm's total domestic portfolio value to 2.