Medical Properties Trust, Inc. (MPT)

Medical Properties Trust, Inc. (MPT) is a real estate investment trust headquartered in Birmingham, Alabama, founded in 2003. It specializes in owning hospital real estate and leasing those facilities to health care operators.

The company's portfolio includes general acute care hospitals, behavioral health facilities, inpatient rehabilitation hospitals, long-term acute care hospitals and freestanding emergency and urgent care facilities. Properties are typically leased under long-term net leases, in which the tenant is responsible for taxes, insurance and maintenance. Medical Properties Trust also provides mortgage loans to operators and has held equity interests in some of its tenants.

Its holdings are located in the United States and several countries in Europe, along with South America and Australia, and its tenants include both large hospital systems and smaller operators.