11:08 AM EDT, 06/02/2025 (MT Newswires) -- CareTrust REIT ( CTRE ) said Monday that it has bought a portfolio of skilled nursing facilities in the Pacific Northwest for about $146 million with a joint venture partner.

The portfolio consists of 10 facilities with 911 licensed beds in Idaho, Oregon and Washington, the company said. The deal was completed via a joint venture arrangement between CareTrust and an unnamed healthcare real estate owner.

The investment was funded with a mix of cash on hand and a draw from its revolving credit line, the company said.

Price: 29.36, Change: +0.63, Percent Change: +2.18