Medical Properties Trust, Inc. (MPW) NYSE
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Medical Properties Trust, Inc.
Address
1000 Urban Center Drive
Birmingham, AL 35242-2225
United States of America (the)
Phone
205 969 3755
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Employees
118
First IPO Date
July 08, 2005
Key Executives
| Name | Title | Pay | Year Born |
| Larry Portal | Senior Vice President & Senior Advisor to the Chief Executive Officer | 1.66M | 1969 |
| Edward K. Aldag Jr. | Founder, Chairman, President & Chief Executive Officer | 3.7M | 1964 |
| Rosa H. Williams | Senior Vice President of Operations & Secretary | 797,699 | 1961 |
| James Kevin Hanna | Senior Vice President, Chief Accounting Officer & Controller | 1.15M | 1973 |
| Emmett E. McLean | Co-Founder | 2.01M | 1955 |
| R. Steven Hamner | Founder, Executive Vice President, Chief Financial Officer & Director | 2.06M | 1957 |
| R. Lucas Savage | Vice President & Head of Global Acquisitions | 0 | N/A |
| Andrew T. Babin | Senior Managing Director of Corporate Communications | 0 | N/A |
| Charles R. Lambert | Senior Vice President of Finance & Treasurer | 0 | 1971 |
Description
Medical Properties Trust, Inc. (MPW) is a self-managed real estate investment trust (REIT) established in 2003. Its core business involves acquiring and developing hospital properties that are then leased back to operators on a net basis. Originating in Birmingham, Alabama, the company has expanded significantly to become one of the foremost global owners of hospital real estate. As of September 30, 2023, its portfolio encompassed 441 facilities and approximately 44,000 licensed beds. More recently, subsequent to the third quarter's close, MPT divested four facilities. Consequently, its current holdings span roughly 43,000 licensed beds across nine countries and three continents. The MPT financing framework offers a strategic advantage, facilitating both property acquisitions and recapitalizations. This model empowers hospital operators to unlock the inherent value in their real estate, channeling these funds into crucial areas like facility modernizations, technological advancements, and other operational investments.
