Caretrust
- Company typePublic
- Founded2014
- HeadquartersSan Clemente, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Caretrust firmographics
Firmographics- Name
- Caretrust
- Legal name
- CareTrust REIT, Inc.
- Website
- https://caretrustreit.com
- Company type
- Public
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Caretrust industry classification
Industry- Product category
- Healthcare Real Estate Investment Trust (REIT)
- NAICS
- Rental and Leasing Services (532)
- SIC
- Real Estate Investment Trusts (6798)
- akta.pro primary industry
- Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH)
- akta.pro secondary industries
- REITs & Listed Real Estate Securities (FSAAAKAD), Healthcare & Medical Office Brokerage (BPAJABAF)
Keywords
Where Caretrust is headquartered
LocationHeadquarters
- HQ city
- San Clemente
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Caretrust business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Triple-Net Lease Rental Income: Primary revenue stream from long-term triple-net leases with skilled nursing and senior housing operators. Leases include annual inflation-based rent escalators and typically span 10-15 years.
- Loan/Interest Income: Originating secured loans to affiliates of operators, including $163 million in loans secured by skilled nursing portfolios in California, Washington, and other states, and $170.5 million in loans to affiliates of sellers.
- Senior Housing Operating (SHOP): RIDEA-based operating platform providing exposure to operational senior housing assets alongside traditional triple-net lease model.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Quarterly cash dividend of $0.39 per common share |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Caretrust product offering
Product offeringCore offering
CareTrust REIT acquires, owns, and leases healthcare-related real estate—primarily skilled nursing facilities, senior housing communities, and care homes—to qualified healthcare operators under long-term triple-net lease arrangements (typically 10-15 years) with inflation-based rent escalators. The company also provides complementary secured loan financing to operator affiliates and operates certain senior housing assets through its RIDEA-based SHOP structure.
Product overview
CareTrust REIT operates as a healthcare real estate investment company offering a diversified portfolio of three core property types: Skilled Nursing Triple-net Properties, Seniors Housing Triple-net Properties, and Seniors Housing Operating (SHOP) Properties. The company acquires and leases healthcare-related properties to high-caliber operators through triple-net lease arrangements, with complementary financing solutions including secured loans to affiliates. The portfolio spans the United States and United Kingdom, with properties including skilled nursing facilities, senior housing communities, and care homes. CareTrust positions itself as a REIT built by operators for operators, drawing on over 60 years of hands-on operating experience to vet providers and support operator success.
Differentiator
Problem solved
Functional benefit
Products and services
- Skilled Nursing Triple-net Properties Long-term net-leased skilled nursing facility investments where CareTrust owns the real estate and leases to operators under triple-net arrangements, with operators responsible for property taxes, insurance, and maintenance. Tenants include skilled nursing facility operators across the U.S.
- Seniors Housing Triple-net Properties Net-leased senior housing properties leased to operators under triple-net terms, providing stable rental income with inflation-based rent escalators. Targets senior housing operators seeking long-term real estate partnerships.
- Seniors Housing Operating (SHOP) Properties Operating senior housing assets under RIDEA-based structure, providing CareTrust with operational exposure to senior housing performance alongside rental income. Complements the triple-net lease model with direct participation in operating results.
- Healthcare Property Financing Solutions Creative financing solutions including secured loans and mortgage loans to healthcare operators and their affiliates, complementing ownership and lease arrangements. Includes loans secured by skilled nursing portfolios in California, Washington, and other states.
- UK Care Home Properties Care home properties in the United Kingdom, including mental health and specialist care facilities, operated through CareTrust's international expansion following the Care REIT plc acquisition.
Quantifiable outcome
- 10 consecutive years of dividend increases
- +4 more outcomes
Companies that use Caretrust
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Caretrust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Caretrust partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- CareREIT (UK Acquisition)minorFirst UK acquisition through purchase of Care REIT plc, expanding into UK care home market with four care homes for approximately £42 million focused on mental health and specialist care (202 beds). Represents transformative international expansion.
- Larry H. Miller Senior HealthcoreOperating partnership with Larry H. Miller Senior Health for Mid-Atlantic skilled nursing portfolio. CareTrust acquired six skilled nursing facilities (532 licensed beds) for $142 million effective January 1, 2026, with the new operator assuming operations under a long-term triple net lease with inflation-based rent escalators expecting 9% stabilized yield.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Caretrust competitors and assessment
Company assessmentDirect peers
- Welltower: The largest publicly traded healthcare REIT in the U.S., focused on senior housing operating properties (SHOP), post-acute care/SNF, and outpatient medical. Most directly comparable to CareTrust given its similar mix of senior housing and SNF exposure and active U.K. expansion.
- Omega Healthcare Investors: Pure-play skilled nursing facility REIT with a triple-net lease model. Closest peer to CareTrust's SNF book and a key benchmark for healthcare REIT underwriting standards.
- Ventas: Large diversified healthcare REIT with senior housing, medical office, and life science exposure. Comparable to CareTrust on the senior housing operating (SHOP/RIDEA) component and overall scale.
- Sabra Health Care REIT: Healthcare REIT focused on skilled nursing and senior housing triple-net leases. Closely comparable in business model and asset mix to CareTrust, particularly in SNF.
- National Health Investors: Healthcare REIT that invests in senior housing and SNF properties via triple-net leases. Similar portfolio composition and dividend-oriented model to CareTrust.
- LTC Properties: Small-cap healthcare REIT focused on SNF and assisted living triple-net leases. Highly comparable in asset mix, though smaller in scale than CareTrust.
- American Healthcare REIT: Diversified healthcare REIT with senior housing operating, outpatient medical, and triple-net properties. Overlaps with CareTrust on senior housing and SNF exposure.
- Diversified Healthcare Trust: Healthcare REIT focused on senior living operating properties and medical office buildings. Comparable to CareTrust on SHOP-style exposure, though generally a lower-quality operator mix.
- Care REIT plc: U.K.-listed care home REIT acquired by CareTrust in September 2025. Most directly comparable peer for CareTrust's U.K. care home operations, which are housed within the acquired entity.
Broad incumbents
- Healthpeak Properties: Large diversified REIT with outpatient medical, lab/life science, and CCRC exposure. Comparable as a healthcare REIT incumbent, though with less direct SNF overlap than CareTrust.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Caretrust social profiles
Digital presenceCaretrust financial estimates
Financial estimateRevenue estimate
Valuation estimate
Caretrust leadership team
Management profileNumber of profiles
Profiles1 record
Caretrust subsidiaries and ownership
Company hierarchySubsidiaries1 record
Caretrust funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Caretrust M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Caretrust
What does Caretrust do?
CareTrust REIT acquires, owns, and leases healthcare-related real estate—primarily skilled nursing facilities, senior housing communities, and care homes—to qualified healthcare operators under long-term triple-net lease arrangements (typically 10-15 years) with inflation-based rent escalators. The company also provides complementary secured loan financing to operator affiliates and operates certain senior housing assets through its RIDEA-based SHOP structure.
Is Caretrust a public or private company?
Caretrust is a public company. It is classified as public and is currently operating.
When was Caretrust founded?
Caretrust was founded in 2014. It employs 11 to 50 people.
Where is Caretrust based?
Caretrust is headquartered in San Clemente, United States, in the North America region.
How does Caretrust make money?
Three revenue lines are on record. Triple-Net Lease Rental Income is the primary driver. The others are loan/Interest Income and senior Housing Operating (SHOP).
Who are Caretrust's main competitors?
Direct peers on record are Welltower, Omega Healthcare Investors, Ventas, Sabra Health Care REIT, National Health Investors, LTC Properties, American Healthcare REIT, Diversified Healthcare Trust and Care REIT plc. Healthpeak Properties is listed as a broad incumbent.
Does Caretrust have an API?
No public API is recorded for Caretrust.
What industry is Caretrust in?
Caretrust's product category is Healthcare Real Estate Investment Trust (REIT). Its primary akta.pro industry code is BPAJAMAH, Healthcare & Senior Housing Real Estate Asset Management, with a secondary code of FSAAAKAD, REITs & Listed Real Estate Securities. Its NAICS code is 532 and its SIC code is 6798.