# CareTrust REIT's $400M Skilled Nursing Deal Extends Record Year

> CareTrust REIT closes $400M skilled nursing deal, extending 2026's record investment year.
- Title: CareTrust REIT's $400M Skilled Nursing Deal Extends Record…
- Summary: CareTrust REIT closes $400M skilled nursing deal, extending 2026's record investment year. CareTrust REIT's $400 million skilled nursing acquisition in the…
- Keywords: caretrust reit, skilled nursing, southwest, reit, investment pipeline, yield, 2026, business, finance, CareTrust, REIT's, 400M
- Source: Yahoo Finance — https://finance.yahoo.com/real-estate/articles/caretrust-reit-ctre-400m-bet-160209188.html
- Published: 2026-09-16T16:02:09+00:00
- Read time: 1 min
- Topics: caretrust reit, skilled nursing, southwest, reit, investment pipeline, yield, 2026, business, finance
## CareTrust REIT
CareTrust REIT closed a $400 million skilled nursing portfolio in the Southwest effective September 1.
## Investment Pipeline
The deal includes a $600 million investment pipeline for near-term actionable deals.
## Portfolio Details
2,622 licensed beds triple net leased back to existing operator.
## 2026 Investment Total
2026 investment total now exceeds $1.9 billion with $710 million closed in Q3.
## Stabilized Yield
New portfolio expected to generate 8.6% stabilized yield matching CareTrust's 8.7% blended yield.
## Balance Sheet Strength
Net debt to EBITDA at 1.01x with $725 million revolver and $612 million ATM capacity.
## Shareholder Impact
Diluted shares rose from 192.9 million to 234.2 million as equity offerings funded growth.
## Key takeaway

CareTrust REIT's $400 million skilled nursing acquisition in the Southwest extends its 2026 investment total past $1.9 billion, maintaining an 8.6% stabilized yield.