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Medical Properties Trust, Inc. (MPW)

- NYSE
  • Jan. 31, 2012, 6:42 PM
    In tandem with its Q4 report, Medical Properties Trust (MPW) discloses it will acquire assets and make loans to Ernest Health for a total investment of $396.5M. The assets include five rehab facilities and seven long-term acute facilities, purchased for $200M. The company plans to partly finance its investments by issuing stock. MPW -5.8% AH.
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Company Description
Medical Properties Trust Inc is a self-advised real estate investment trust. The Company is engaged in the business of investing in, owning, and leasing healthcare real estate. The Company also makes mortgages and loans to healthcare operators.