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Medical Properties Trust has sold the 50-bed Arizona General Hospital in Mesa, Ariz., and seven freestanding emergency department (FSED) facilities in the Phoenix metropolitan area to Dignity Health, a wholly owned subsidiary of CommonSpirit Health, for $160 million. The sale price and current cash rents imply a capitalization rate of less than 7.5 percent. The company intends to use the proceeds from the transaction to reduce debt and for general corporate purposes.