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.
Read the full article: CareTrust REIT Grows in Utah //
Source: http://www.globenewswire.com/news-release/2020/02/18/1986037/0/en/CareTrust-REIT-Grows-in-Utah.html