CareTrust REIT, Inc. (CTRE) Monday said together with a joint venture partner, it has acquired a portfolio of skilled nursing facilities in the Pacific Northwest for around $146 million. The portfolio consists of 10 facilities comprising 911 licensed beds located across Idaho, Oregon, and Washington. The deal has been funded through cash and debt. The acquisition was completed through a joint venture arrangement entered into between CareTrust and a third-party healthcare real estate owner. At closing, CareTrust provided common and preferred equity investments totaling around $141 million at an initial contractual yield on its combined investment in the joint venture of approximately 9%. The joint venture has leased the facilities to two existing tenants.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.