CTRE · CareTrust REIT
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The higher per-share measure and raised forecast point to stronger cash generation. CareTrust also closed $740 million of investments at an 8.3% yield and invested about $2.9 billion year to date. Rates moved against borrowers, but CareTrust said it keeps debt low and has a $2 billion credit line. Its L&T plan aims for double-digit returns, but those results are still expected, not achieved.