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Sign in Sign up for a FREE subscriptionMedical Properties Trust makes $1.75b investment in hospital facilities
Medical Properties Trust as entered into definitive agreements with two new operators and completed a transaction with a third new operator involving in the aggregate 24 hospital facilities for a total investment of approximately $1.75 billion.
With these transactions, MPT has surpassed its 2019 acquisition guidance of $2.5 billion, with a total investment of $3 billion.
The agreements include investments in:
14 acute care hospitals and two behavioral health hospital facilities operated by Prospect Medical Holdings for $1.55 billion Seven community hospitals operated by Saint Luke’s Health System for $145 million One acute care hospital operated by Halsen Healthcare for $55 millionEdward Aldag Jr., MPT’s chairman, president and CEO, added, “Looking ahead, we remain confident that our pre-eminent global hospital real estate platform, the unique and balanced portfolio that we have deliberately and strategically built, a
