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ElderTrust
Kennett Square, Pennsylvania, USA
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- Private
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01
Overview
ElderTrust was a real estate investment trust (REIT) that specialized in the ownership, financing, and leasing of senior housing and healthcare-related facilities. The company's portfolio primarily consisted of assisted living facilities, independent living communities, and skilled nursing facilities across the United States. By providing the necessary infrastructure and capital for healthcare operators, ElderTrust played a significant role in the expansion of long-term care services. In 2004, the company was acquired by Genesis Health Ventures, which integrated ElderTrust's extensive property assets into its own network of healthcare facilities.
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