CareTrust REIT

CareTrust REIT, Inc. is a publicly-traded real estate investment company engaged in the acquisition, ownership and leasing of seniors housing and healthcare-related properties. In 2014 CareTrust was spun out of The Ensign Group, one of the country’s premier post-acute care and seniors housing providers.

Related Experts

Greg Stapley

Mark Lamb

CareTrust REIT In The News

  • CareTrust REIT Acquires Again
    On the back of its purchase of four CCRCs in California last week, CareTrust REIT jumped back in the buyer pool to acquire a 150-bed skilled nursing facility in Santa Barbara. In the off-market transaction, CareTrust also retained the operator, California-based Covenant Care, under an assumed long-term lease. That brings CareTrust and Covenant’s relationship to eight facilities.  The... Read more
    Published on: March 09, 2021 By Ben Swett
  • Two REITs Close Couple of Loans
    A couple of REITs in good financial shape (and still open to making new investments) announced a couple of loans closed for senior care facilities. CareTrust REIT completed a $15 million secured mezzanine loan for Next Healthcare’s acquisition of a nine-property skilled nursing portfolio with approximately 1,000 beds in Virginia.... Read more
    Published on: December 01, 2020 By Ben Swett
  • CareTrust REIT Adds Skilled Nursing Portfolio
    The skilled nursing portfolio deals keep on coming, this time from a familiar source. CareTrust REIT announced its acquisition of four skilled nursing facilities in Texas, around the Dallas-Fort Worth metro area. Totaling 554 skilled nursing beds and 24 assisted living beds, they are currently leased to operating affiliates of... Read more
    Published on: November 20, 2020 By Ben Swett
  • Walker & Dunlop Arranges Montana SNF Sale
    Walker & Dunlop announced its involvement in the sale of two skilled nursing facilities in Montana to CareTrust REIT. We recently covered the transaction, which represented CareTrust’s first since the pandemic began earlier this year.   The facilities include Apple Rehab Cooney, an 80-bed facility located on the campus of the St. Peter’s Health Regional Medical... Read more
    Published on: November 10, 2020 By Ben Swett
  • CareTrust REIT Adds Two Montana SNFs
    One of the more consistently active acquirers in the skilled nursing market is back. CareTrust REIT just made its first post-COVID acquisitions for two skilled nursing facilities in Montana. The off-market transaction consisted of Apple Rehab Cooney, an 80-bed facility located on the campus of the St. Peter’s Health Regional... Read more
    Published on: September 04, 2020 By Ben Swett

Greg Stapley

gregPresident and CEO of CareTrust REIT

Mr. Stapley is the President and Chief Executive Officer of CareTrust REIT. He has served in this position since our inception in 2014.

Prior to joining CareTrust, he served as Executive Vice President and Secretary of Ensign, where he was instrumental in assembling the real estate portfolio that was transferred to CareTrust in the Spin-Off. A co-founder of Ensign, he also served as Ensign’s Vice President, General Counsel and Assistant Secretary beginning shortly after Ensign’s founding in 1999.

Mr. Stapley previously served as General Counsel for a national manufacturer, wholesaler and retailer with 192 retail outlets across the United States. Prior to that, Mr. Stapley was a partner of the Phoenix law firm of Jennings, Strouss & Salmon PLC, where his practice emphasized real estate and business transactions and government relations.

Having served as Executive Vice President of Ensign since 2009 and as Vice President and General Counsel of Ensign from 1999 to 2009, Mr. Stapley brings to our board of directors extensive management experience, critical knowledge of our properties and knowledge and understanding of the healthcare business in general.

Contact Information
905 Calle Amanecer, Suite 300
San Clemente, CA 92673

Mark Lamb

marklambDirector of Investments at CareTrust REIT

Mark Lamb is the Director of Investments at CareTrust REIT. He has served in this position since July, 2014. His duties include investment underwriting, due diligence, business development and asset management.

Prior to joining CareTrust, Mr. Lamb operated one of Plum Healthcare’s flagship facilities from 2011 to 2014. Between 2008 to 2011, he served as the Director of Investments at Nationwide Health Properties, Inc., a healthcare REIT. During those three years, he underwrote and helped acquire over $1 billion of new investments across the Seniors Housing and Skilled Nursing sectors.

Prior to his time at NHP and PLUM, Mr. Lamb served as a Regional Administrator at North American Health Care, Inc., he worked as a Portfolio Manager at J&B Asset Management (now TruAmerica Multifamily) and as an Investment Associate at The Bascom Group, a private equity real estate investment firm.

Mr. Lamb has been a licensed nursing home administrator since 2002 and holds an MBA from the University of Southern California.

Contact Information
905 Calle Amanecer, Suite 300
San Clemente, CA 92673
Phone Number: (949) 542-3130