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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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.