SAN CLEMENTE, CA – CareTrust REIT Inc. has purchased four continuing care retirement communities in Southern California for $126.1 million.
Located in the submarkets of Camarillo, Carlsbad, Rancho Mirage and San Juan Capistrano, the multi-service senior living campuses comprise 637 assisted living, skilled nursing and memory care beds.
The communities were originally developed between 1999 and 2000 by Marriott International Inc.
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