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CareTrust REIT disclosed a $400 million investment commitment, extending what the healthcare-focused real estate investment trust described as a record year for capital deployment. The move underscores continued growth in the company's portfolio of senior housing and skilled nursing properties. The investment adds to a string of recent capital allocation moves by CareTrust as it expands its footprint in the healthcare real estate sector, reflecting steady demand for senior care facilities amid an aging population.
Sources:Yahoo Finance