CareTrust REIT, Inc. (NASDAQ:CTRE) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07ofForm8-K.This Current Report onForm8-K/Ashould be read in conjunction with the Initial Report.
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Submission of Matters to a Vote of Security Holders
As reported in the Initial Report, at the 2017 annual meeting of stockholders of the Company a one-year frequency for future advisory votes on named executive officer compensation was approved by a majority vote. Considering the results of the advisory vote on the frequency of future advisory votes on named executive officer compensation, the Company’s Board of Directors determined that the Company will hold an advisory vote on named executive compensation annually until the next required vote on the frequency of such votes.
About CareTrust REIT, Inc. (NASDAQ:CTRE)
CareTrust REIT, Inc. is a self-administered, self-managed real estate investment trust (REIT). The Company is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company’s segment consists of investments in healthcare-related real estate assets. The Company’s real estate portfolio includes approximately 120 skilled nursing facilities (SNFs), assisted living facilities (ALFs) and independent living facilities (ILFs). The Company’s facilities leased to The Ensign Group, Inc. have a total of approximately 10,120 beds and units, and are located in Arizona, California, Colorado, Idaho, Iowa, Nebraska, Nevada, Texas, Utah and Washington. Its facilities leased affiliates of Pristine Senior Living have a total of approximately 1,260 beds and units, and are located in Ohio. Its other properties have a total of over 770 beds and units, and are located in Colorado, Florida, Georgia, Idaho, Minnesota, Virginia and Washington.