CareTrust REIT "announced that it has acquired two skilled nursing facilities: AdventHealth Care Center Burleson, a 178-bed facility located in Burleson, Texas, and AdventHealth Care Center Overland Park, a 102-bed facility located in Overland Park, Kansas. The Overland Park facility represents CareTrust’s entry into the Kansas market. The acquisition of the Burleson facility will be a "tack-on" to CareTrust’s existing lease with Austin, Texas-based operator Momentum Skilled Services, which will replace the outgoing operator. The Burleson acquisition increases CareTrust’s relationship with Momentum to two facilities."
Published first on TheFly
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