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CareTrust Acquires 155-Bed Skilled Nursing Facility in DFW
CareTrust REIT has acquired Ennis Care Center, a 155-bed skilled nursing facility in the Dallas Fort Worth suburb of Ennis.
The facility will be added to CareTrust’s existing master lease with affiliates of Eduro Healthcare, who took over operations on February 1, 2022. The acquisition of the Ennis Facility increases CareTrust’s relationship with Eduro to 9 facilities. The initial term of Eduro’s master lease with CareTrust was also extended by four years in connection with the transaction.
“We’re elated to expand our relationship with the Eduro team. Eduro has proven over the past few years that their model of patient centered care and extreme focus on facility culture produces great results for their residents and staff and we’re confident that they will take Ennis Care Center to new heights over the coming months and years,” said Dave Sedgwick, CEO at CareTrust.
- ◦Sale/Acquisition
