A Recurring Ailment Has Flared Up Again at Medical Properties Trust

Medical Properties Trust (NYSE: MPW) has made tremendous progress on its recovery plan this year. It has raised $2.9 billion in liquidity and has exited its relationship with its troubled former top tenant, Steward Health Care. These moves put its portfolio and balance sheet in a much stronger position. However, nagging issues with another trouble tenant, Prospect Medical, continue to plague the healthcare real estate investment trust (REIT). That recurring problem clouded some of the positive developments for Medical Properties Trust during the third quarter.Medical Properties Trust currently owns 402 properties leased to or mortgaged by 55 hospital-operating companies. Most of its tenants are paying rent on time. Up until Q3, that included Prospect Medical Holdings. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool