Company Profile For Medical Properties Trust, Inc.

Medical Properties Trust, Inc. (MPW.N) (New York Stock Exchange)
sector: Financials · industry: Real Estate Operations ·
As of  27 Nov 2009
9.48USD
Price Change
-0.23
Percent Change
-2.37%
 
 
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Overview

Medical Properties Trust, Inc. (Medical Properties) is a self-advised real estate investment trust (REIT) that acquires, develops, leases and makes other investments in healthcare facilities providing healthcare services. The Company leases its facilities to healthcare operators pursuant to long-term, net leases. Medical Properties also makes long-term, interest-only mortgage loans to healthcare operators, and from time to time, it also makes working capital and acquisition loans to its tenants. The Company conducts all of its business through its wholly owned subsidiaries, MPT Operating Partnership, L.P. and MPT Development Services, Inc. As of December 31, 2008, the Company’s portfolio consisted of 51 properties, including 48 facilities, which it owns are leased to 14 operators and the remaining in the form of mortgage loans to two operators, totaling an aggregate of approximately 5.3 million square feet and 5,115 licensed beds.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Medical Properties Trust, Inc.'s revenues increased 17% to $63.9M. Net income from continuing operations increased 14% to $18.5M. Revenues reflect an increase in income from rent billed. Net income was partially offset by increased real estate depreciation & amortization charges, higher general & administrative expenses, decreased interest income and an increase in property related expenses.

Company Address

Medical Properties Trust, Inc.
100 Urban Center Drive
Suite 501
Birmingham   AL   35242
P: +1205.9693755
F: +1205.9693756

Total Employees

23

Find Out More About MPW.N

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