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CareTrust REIT Promotes James Callister to Executive Vice President
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Rhea-AI Summary
CareTrust REIT, Inc. (NYSE:CTRE) has promoted James Callister from General Counsel to Executive Vice President. CEO Dave Sedgwick praised Callister's substantial contributions since joining the company in 2021, highlighting his expertise in healthcare real estate transactions. Callister has been integral in structuring and negotiating equity and debt investments, as well as managing tenant relationships. With nearly 20 years of legal experience, he has facilitated over $2.5 billion in healthcare REIT transactions across 35 states.
Positive
James Callister's promotion emphasizes his vital role in CareTrust's operations and strategic direction.
Callister's expertise in healthcare REIT transactions supports CareTrust's growth and investment strategy.
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SAN CLEMENTE, Calif.--(BUSINESS WIRE)--
CareTrust REIT, Inc. (NYSE:CTRE) announced today the promotion of James Callister from General Counsel to Executive Vice President.
CareTrust Chief Executive Officer, Dave Sedgwick, described the impact James has had at CareTrust for years. He said, “Well before James joined us last year, he had already been instrumental, as outside counsel, in supporting the company, and the investments team in particular, with every transaction since our inception.” Mr. Sedgwick added, “The reputation CareTrust enjoys as a creative and trustworthy transactional partner is largely a credit to James’ matchless experience as a healthcare real estate deal maker. In addition to acquisitions, James provides trusted leadership and counsel across our organization in asset and portfolio management as well.”
James Callister is the Executive Vice President at CareTrust REIT and has been with the company since 2021 when he joined as CareTrust’s General Counsel. Mr. Callister’s primary focus is working with the company’s acquisitions team in structuring and negotiating new equity and debt investments. He has also been an integral part of the Company’s legal and corporate functions, asset and portfolio management matters, and tenant relationships.
Prior to joining CareTrust, Mr. Callister worked as a real estate attorney and a partner at the law firm of Sherry Meyerhoff Hanson & Crance LLP and, before that, at the law firm of O’Melveny & Myers LLP. Since 2008, he has worked almost exclusively on healthcare REIT transactions, closing on acquisitions or financings of over 300 skilled nursing, seniors housing, and independent living facilities on transactions involving the investment of over $2.5B across 35 states. Mr. Callister has assisted in the structuring, negotiating and closing of all of CareTrust’s acquisitions since its formation as a REIT. As an attorney, Mr. Callister worked for nearly 20 years in private practice representing and advising clients in a diverse array of real estate transactions. Mr. Callister’s transactions-based legal experience has focused on the representation of publicly-traded REITs in the acquisition, disposition, leasing, and financing of healthcare-related properties. Mr. Callister holds a B.A. in History from Brigham Young University and a J.D. from the J. Reuben Clark Law School at Brigham Young University, where he graduated magna cum laude.
About
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. More information about CareTrust REIT is available at www.caretrustreit.com.
