CareTrust REIT, Inc. Announces Launch of Public Offering of Common Stock

DANA POINT, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust REIT” or the “Company”) announced that it has commenced, subject to market and other conditions, an underwritten public offering of an aggregate of 17,000,000 shares of its common stock in connection with the forward sale agreements described below.BofA Securities, Morgan Stanley, J.P. Morgan and Wells Fargo Securities are acting as the book-running managers for the offering.In connection with the offering of shar.