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

  • Evans Senior Investments Completes CareTrust’s Metron Michigan Exit
    Evans Senior Investments has done it again, announcing the closing of a skilled nursing portfolio sale in the state of Michigan just a couple of days after another SNF sale in Rhode Island. The deal first rose to the surface in November 2019, when the seller, CareTrust REIT, announced the... Read more
    Published on: May 01, 2020 By Ben Swett
  • CareTrust REIT’s Bountiful Acquisition
    CareTrust REIT just bought an assisted living community in Bountiful, Utah, leasing it to Bayshire LLC, which will take over operations going forward. Built in 1999, the 62-unit community is well situated on the campus of Lake View Hospital, an affiliate of MountainStar Healthcare and HCA Healthcare. It was previously owned by the not-for-profit South Davis Community Hospital Campus, but was sold... Read more
    Published on: February 21, 2020 By Ben Swett
  • The Ensign Group Strikes Again
    Ensign the Energizer Bunny, our pet name for several years now for one of two publicly traded companies that continue to make a GAAP profit, quarter after quarter, did it again. And they did it during what could have been a disruptive third quarter when they spun out... Read more
    Published on: November 01, 2019 By Steve Monroe
  • The Pennant Group Debut
    The Pennant Group is The Ensign Group‘s latest spin off. If history repeats itself, the new company will succeed. It has been three weeks since The Pennant Group was spun out of The Ensign Group as a separate publicly traded company. This is not Ensign’s first rodeo when... Read more
    Published on: October 23, 2019 By Steve Monroe
  • CareTrust REIT’s Central Valley Expansion
    CareTrust REIT made a major expansion into California’s Central Valley, acquiring two senior care facilities in a pair of off-market transactions. The targets were a 70-bed skilled nursing facility in Modesto, and a senior care campus in Sacramento with 99 skilled nursing bed and 72 assisted living units.... Read more
    Published on: October 03, 2019 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