Two East Bay senior healthcare centers were bought for a combined $61.7 million in deals that show investors are still scouting for medical sites despite widespread ailments in the commercial property market.
CareTrust REIT, acting through affiliates, purchased senior care properties in Fremont and Pleasant Hill, documents filed in Alameda County and Contra Costa County show.
Based in Dana Point, CareTrust REIT acquired the two facilities in all-cash deals, according to public documents…