CareTrust REIT, Inc. Declares Quarterly Dividend for the Second Quarter Ended June 30, 2018; Announces Designation Change of David Sedgwick as Chief Operating Officer and Mark Lamb as Chief Investment Officer
August 01, 2018 at 04:05 pm
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CareTrust REIT, Inc. declared a quarterly dividend of $0.205 per common share.
The company also announced that David Sedgwick, CareTrust's Vice President of Operations since 2014, has been named Chief Operating Officer, and that Mark Lamb, CareTrust's Director of Investments since 2014, has been named Chief Investment Officer.
CareTrust REIT, Inc. is a self-administered, real estate investment trust (REIT). The Company is engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company owns, directly or through joint ventures, and leased to independent operators, 232 skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of approximately 25,128 operational beds and units located in 28 states with the highest concentration of properties by rental income located in California and Texas. It leases healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company extends secured mortgage loans to healthcare operators, secured by healthcare-related properties and secured mezzanine loans to healthcare operators, secured by membership interests in healthcare-related properties.
CareTrust REIT, Inc. Declares Quarterly Dividend for the Second Quarter Ended June 30, 2018; Announces Designation Change of David Sedgwick as Chief Operating Officer and Mark Lamb as Chief Investment Officer
CARETRUST REIT, INC. 
