Medical Properties Trust, Inc. bridges the gap between the growing demand for high-quality healthcare and the ability to deliver it cost-effectively. Specializing in acute care, community and rehabilitation hospitals, this healthcare real estate investment trust (REIT) provides operators access to capital for facility improvements, technology upgrades, staff additions and new construction through long-term net leases of real estate assets. By reinvesting non-earning assets into operations, MPT clients are able to participate in the growth of the largest sector of the U.S. economy.
Birmingham, AL – October 3, 2016: Medical Properties Trust, Inc. has completed the acquisition of real estate interests of nine acute care hospitals operated by Boston-based Steward Health Care System, LLC, the largest for-profit healthcare provider in Massachusetts, setting the stage for Steward’s national growth.
The closing included MPT’s investment of $1.2 billion in sale-leaseback and mortgage transactions for the real estate assets, plus its commitment of $50 million for an equity stake in Steward.
With revenues of $441 million for 2015 and a three-year growth rate of 123 percent, Medical Properties Trust, Inc. (NYSE: MPW) has been recognized as Alabama’s fastest growing publicly traded company.
Medical Properties Trust 2015 Annual Report.