CareTrust REIT, Inc. Announces Key Personnel Changes
February 09, 2021 at 06:26 am IST
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CareTrust REIT, Inc. announced that noted real estate and healthcare attorney James Callister has joined the Company as General Counsel and Secretary. CareTrust also announced that Lauren Beale, CareTrust’s Controller, has been promoted to Senior Vice President and Controller. Ms. Beale has served as CareTrust’s Controller since September 2014. Prior to joining CareTrust, she worked in Global Portfolio Accounting for The Capital Group Companies, Inc., an investment management firm serving retail and institutional investors. Mr. Callister has been a partner at the Newport Beach, California law firm of Sherry Meyerhoff Hanson & Crance LLP since 2012. Prior to that, he was Counsel in the Newport Beach office of O’Melveny & Myers LLP, and previously served as Assistant General Counsel at Shea Properties.
CareTrust REIT, Inc. is a self-administered, real estate investment trust (REIT). The Company is engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. It has a portfolio of long-term net-leased properties, and a portfolio of operators leasing them. It owns, directly or through joint ventures, and leased to independent operators, skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of approximately 25,848 operational beds and units located in 29 states. It leases healthcare-related properties to healthcare operators in triple-net lease arrangements. It extends secured mortgage loans to healthcare operators, secured by healthcare-related properties and secured mezzanine loans to healthcare operators, secured by membership interests in healthcare-related properties.