CareTrust REIT Inc. has received an upgrade to its credit rating from Fitch Ratings, now rated at BBB- with a stable outlook. This investment grade rating reflects the company's strengthened portfolio and balance sheet, following a capital deployment of approximately $2.5 billion in seniors housing, skilled nursing, and UK care home investments over the past 18 months. CEO Dave Sedgwick highlighted the recognition as a testament to CareTrust's commitment to financial discipline and its strong credit profile.
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