DAVE SEDGWICK
CEO
CARETRUST REIT INC.
WHY: Leads San Clemente real estate investor in healthcare facilities with a portfolio of 412 properties across 35 states. Been with the company since 2014 and was appointed CEO four years ago.
IN THE NEWS: Expanding into the UK with $817M acquisition of Care REIT, which closed in May and was followed by a second investment of $27M in two more care homes.
NOTABLE: Company was spun off from real estate assets of San Juan Capistrano-based The Ensign Group Inc. in 2013. Now has $7B+ market cap.
QUOTABLE: “What we liked about the U.K. is they have strong underlying fundamentals for the care home business. You have a growing aging baby boomer population and a somewhat constrained supply of care homes to take care of them.”
