{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-064352","form_type":"8-K","ticker":"CTRE","cik":"0001590717","company_name":"CareTrust REIT, Inc.","filed_at":"2026-10-02T10:00:59+00:00","discovered_at":"2026-10-02T10:10:00.289365+00:00","generated_at":"2026-10-12T14:30:27.675588+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"CareTrust acquires 45 UK care homes from LNT for £1.1B; first 24 homes closed Oct 1 for £576M","bullets":["First closing October 1, 2026: 24 UK care homes for £576M ($764M); remaining 21 under development to be bought through 2027 for £504M ($669M).","Purchase price £24M per home; homes leased to LNT's Crystal Care unit on 20-21 year NNN leases at £1.4M ($1.9M) initial annual rent, 3% escalators, guaranteed by LNT.","Stabilized NOI yield on cost projected mid-to-high 7% (£2.15M per home on £27.5M all-in); RIDEA SHOP conversion targeted 24-48 months post-completion, first by Q4 2027.","Funded with forward equity settlement proceeds plus a revolver draw; pro forma enterprise value rises to $11.5B with 575 properties and 52,973 beds, from $10.0B/530/50,003.","LNT shareholders granted CareTrust a purchase option through September 2027 to acquire all of LNT; deal expected accretive to normalized FFO per share during lease-up."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-064352","json":"https://secwatch.observer/filing/0001628280-26-064352.json","markdown":"https://secwatch.observer/filing/0001628280-26-064352.md","text":"https://secwatch.observer/filing/0001628280-26-064352.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590717/000162828026064352/0001628280-26-064352-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590717/000162828026064352/ctre-20260930.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:30:27.675588+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}