Farrell Grana's questions to CareTrust REIT Inc (CTRE) leadership • Q4 2024
Question
Farrell Grana asked about management's conviction going forward, whether guidance included any bad debt provisions, and if there were any shifts or compression in cap rates.
Answer
President and CEO David Sedgwick confirmed that guidance contains no bad debt and none is expected, deferring specific comments on any single operator. An executive added that cap rates for skilled nursing remain stable in the 12.5% to 13.5% range, with minimal compression seen in seniors housing.