am of last a relentless of for this to on everybody, the ago, and make sheet team end a and you right. proud year capitalize flywheel historic recalibrated now their year I opportunity. we the could for speed At thank and growth. to extraordinary. company pick the XXXX and the be work that balance so up year All started it Hello, joining recognized us. to The racing. that is year,
$XXX that by to As skilled of of you to year-end. a may investing a an estimated X% assets acquire yesterday, material expected $XXX close portfolio of contract yield purchase at nursing around XX price announced million, for million we entered Tennessee a we into know,
This the ability the operators influence of will and their deal of a expand proven commitment James will and caring patients some color minute. best for very communities. have additional residents, provide country's to continue in a to who employees,
also in imminent yesterday transactions month. next close, Northeast skilled Northeast timing don't normally the expect of Tennessee $XX to the to decided announce to acquire along the We million before facilities of the announced the nursing we with they due We deal size of earnings. but deal, we and these that announce
business to round as are and grow year, XXX%. market third the far, growth So of following: in XXXX, have First, excited we diversify the now significantly. we cap year's year-over-year equally next on the Thus potential we for delivered
of stabilized Second, million yield at X.X%. approximately $XXX record-setting of an investments average
XXXX projected billion; of net proceeds stabilized an investments of X.X%. XX produced of gross pending approximately over and during yield stabilized last at the million announced for deals of billion approximately months debt-to-EBITDA of equity issuance yield Third, pending close average $X.X a shares Fourth, fifth, acquisitions The of X.XXx. of year. a skilled X facilities to $XXX nursing with expected X% million year-to-date we announced of combined the and $X.X investments
I call, actually things Not X but sense that the growth, commented quarter's last On this momentum only on are year's equally building. remarkable. also how was
what partly know I Now to. you at least referring was
a stabilized roughly we percent loans, which our blended the X.X ramps $X.X comment $XXX take any are on $XXX following: will after is XXX As all November the of XX-XX almost to yield debt closed quick this December and X Including investments. on pending have real we million, I today, deals A these that pending of real referenced, estate rent deals and million sit our of at the billion, estimated estate effect. million or approximately over acquisitions investments acquisitions of makeup including acquisitions. here year's pipeline, of all
Allow we've on past me targeted over investment return achieved we've few more the on on loans the give to made you color years. the some
the very For market, borrower, to nor incredibly that us the partner they more a handshake of few part loan approach that the successful own deals, lending years been estate either And for with a a us also friends now, a made the activity and at have real we handshake, have that least, won. us JV on has opportunities would not been brought approach our or strategic to operator their executing good we a many portfolio. seen which otherwise the word are own investment will in future. This in at than off includes a or bring industry debt the have acquisition as best, and loan of to includes
We made approximately investments of $XXX a million from XXXX debt XXXX. through total of
years. year's million of Looking result strategic direct acquisitions billion at of this $X.X of the couple deals, approximately past relationships expected a $XXX are we've fostered the of over debt
sake, not growth's portfolio. serve. operators dignify we they care a are by has do to expand that's of and not We to communities segue influence and mission And positive grow discipline underwriting improve that the Our changed. for the our the who driven nice
proud add energizing to to the had I reimbursement, cannot that noblest wherein what star is quality what's ratings and shoulders our in how Last educate and ratings policy, to the day states to one our that associate way day and week, operator industry in our compared are we grateful It's conference who of brought to to leaders for it in in. to continue staffing, mental entire how try show health we to health value care team they operate engaged out. report superior best-in-class we operators we them tell We're they you provide proud and the nationally and is experts are and renowned of to professions rub come. AI on with them. and
leaves. way While nursing perfect Medicare care some do Star to measure there's provide no quality skilled in ratings tea
in they operate pleased our to X versus see am operators the achieve ratings, X.X that of average September's As I states an in. of stars stars
quality operators' performance even an stars. versus average is of stronger stars with X measures X.X industry Our
after financial can only absolute success be As former that we conviction operators achieved clinical ourselves, have success. sustainable an
supplemental, will in a fee manageable. to X.XXx, You management strength lease and EBITDARM The security in of with underperforming was tremendous increase overall, and coverage X.XXx scale X% continues remain reported and respectively. see show property-level coverage to EBITDAR small operators the
have have in underway We sale since and/or been and for sold next transitions when year of higher producing will handful couple a this transitioned of assets year. they a rent result that not revenues
quarter. I'm dispositions effectively taken this about couple in that a underpaid deal have all for very of transitions together report nursing we've skilled talked the to coverage of Midwest These with that and the will pleased over was that sold the lease with negative year. portfolio properties years
Finally, X observations.
team, year an talented like First, proud this team, without strong and culture a very the happen again doesn't I'm CareTrust sacrifice. a extraordinary of
care our Second, of operators. performance I want by tireless to again quality and pursuit recognize the
with some truly star are work in quality measures country. to blessed operators the of the to lease ratings. proud and We I'm finest superior report coverage
the pipeline. Third, last now provide to of start for that reloaded should the decades color landscape demographic we come. and you on investment tailwinds are at with James will
