Care Investment Trust Company Description
Care Investment Trust is interested in health and wealth. The real estate investment trust (REIT) was formed to invest in healthcare-related mortgage debt and real estate including medical office buildings, assisted living facilities, hospitals, labs, and skilled nursing centers. Its real estate portfolio consists of facilities throughout the US including Texas, Louisiana, and Utah. Care also provides first lien, mezzanine, and construction loans. The company's external manager CIT Healthcare, a subsidiary of commercial finance giant CIT Group, feeds it mortgage business. Care, which began operating in 2007, also takes advantage of opportunities outside the usual scope of CIT Healthcare.
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The Company Description provides a historical perspective of Care Investment Trust's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Care Investment Trust's evolution in the marketplace.
