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Last Trade
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Last Trade:
$9.30
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Change:
0.32 (3.56%)
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Trade Time:
Jun 07
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Market Cap:
$5.56B
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Description of Business
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We are a self-advised REIT formed in 2003 to acquire and develop net-leased
healthcare facilities. At December 31, 2022, we had investments in 444
facilities and approximately 44,000 licensed beds in 31 states in the U.S., in
seven countries in Europe, across Australia, and in Colombia in South America.
We have operated as a REIT since April 6, 2004, and accordingly, elected REIT
status upon the filing of our calendar year 2004 federal income tax return.
Medical Properties Trust, Inc. was incorporated under Maryland law on August 27,
2003, and MPT Operating Partnership, L.P. was formed under Delaware law on
September 10, 2003. We conduct substantially all of our business through MPT
Operating Partnership, L.P.
Our primary business strategy is to acquire and develop healthcare facilities
and lease the facilities to healthcare operating companies under long-term net
leases, which require the tenant to bear most of the costs associated with the
property.
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