M&A Deal Summary |
|
|---|---|
| Date | 2014-10-28 |
| Target | Cross Healthcare - Seniors Housing Portfolio |
| Sector | Real Estate |
| Buyer(s) | CareTrust |
| Sellers(s) | Cross Healthcare |
| Deal Type | Divestiture |
| Deal Value | 12M USD |
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| Category | Company |
|---|---|
| Sector | Real Estate |
| Employees | 17 |
| Revenue | 198M USD (2023) |
CareTrust is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. CareTrust is organized and conducts its operations to qualify as a REIT for U.S. federal income tax purposes. CareTrust generates revenues primarily by leasing healthcare facilities to healthcare operators in triple-net lease arrangements. CareTrust is based in San Clemente, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 5 |
| Sector (Real Estate) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United States) | 1 of 5 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-02 |
Shamrock Nursing and Rehab Center
Dublin, Georgia, United States Shamrock Nursing and Rehab Center is a 105-bed skilled nursing facility located in Dublin, Georgia. |
Buy | $8M |
Cross Healthcare LLC is a provider of living and seniors housing facilities.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Real Estate) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
