CareTrust REIT Grows in Utah

CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired Barton Creek Senior Living, a 62-unit assisted living facility located on the campus of Lake View Hospital in Bountiful, Utah in an off-market transaction. The Barton Creek facility has been added to CareTrust’s existing master lease with senior housing operator Bayshire, LLC. For the seller, the non-profit South Davis Community Hospital Campus, the sale was part of a strategic decision to focus on their adjacent higher-acuity operations.

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