MODESTO and SACRAMENTO, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired two healthcare facilities in California’s Central Valley in a pair of off-market transactions.
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VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based owner-operator, has hired Carlos Keith to its executive leadership team in the role of sales specialist. Keith will support sales and marketing leadership for all senior living communities in Watercrest’s portfolio.
IRVINE, Calif., and BRENTWOOD, Tenn. — Two of the largest publicly traded companies in the seniors housing space — Irvine based REIT HCP (NYSE:HCP) and Brentwood-based owner-operator Brookdale Senior Living (NYSE: BKD) — have announced a series of transactions totaling more than $1 billion to restructure the relationship between the companies.