What has gotten into CareTrust REIT this year? When most other REITs are taking a significant step back in terms of buying, the California-based CareTrust has made 11 acquisitions, for 21 facilities, so far in 2016 (which already equals the number of facilities acquired in 2015). First, the company purchased two communities in North Carolina for $11.7 million, or $113,592 per unit, handled by Evans Senior Investments. The deal included a 16-year old 46-unit assisted living/memory care community and a 17-year old 21-unit memory care community. Premier Senior Living Group will operate the two stabilized properties. Next up, CareTrust bought a 175-unit independent/assisted living community in Bedford, Virginia for $10 million, or $57,143 per unit. Twenty-20 Management, Inc. will lease the community back under a master lease agreement that is currently 16 months into its 15-year initial term, with two five-year renewal options. Third and finally (for now), the REIT acquired a 98-bed skilled nursing facility in Boise, Idaho for $8.9 million, or $90,816 per bed, and triple-net leased it to Cascadia Healthcare.