06:43 AM EDT, 09/24/2025 (MT Newswires) -- CareTrust REIT ( CTRE ) announced on Wednesday that it has acquired two care homes in the United Kingdom for approximately $27 million.

The company said the properties, comprising a total of 265 beds primarily serving higher acuity residents, are leased to an existing operator under long-term triple-net leases with extension options and annual rent escalators.

It added that it would fund the purchase with cash on hand.

Chief Investment Officer James Callister said the company will continue to evaluate additional acquisition opportunities in both the UK and the US.