Monday, October 5, 2026
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Home Care Markets Business LNT enters into £1.1bn agreement with CareTrust REIT

LNT enters into £1.1bn agreement with CareTrust REIT

Tealwood Grange care home

CareTrust REIT has entered into an agreement with LNT Care Developments to acquire 45 new homes for £1.1bn in a transaction that secures a pathway for the investor to build a senior housing operating portfolio (SHOP) platform across the UK. The deal is structured with staggered closings, the first of which happened on 1 October…

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Deven Pamben
Deven Pamben has more than 15 years’ experience as a journalist, working on newspapers, trade magazines and online publications. A Criminology graduate, Deven worked for Hertfordshire Constabulary before becoming a journalist. He began his journalism career at a local newspaper in Hertfordshire before moving into trade magazines in permanent roles or as a freelancer. Titles he has reported and edited on include Law Society Gazette, Harpers Wine and Spirit, and Health Club Management. Deven has also written travel features for the Sunday People, and spent two years working in Beijing for the official press agency of the People’s Republic of China.