Medical Properties Trust Inc was incorporated under Maryland law on August 27, 2003. It is a self-advised real estate investment trust focused on investing in and owning net-leased healthcare facilities. It conducts substantially all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and lease the facilities to healthcare operating companies under long-term net leases, which require the tenant to bear the costs associated with the property. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. In addition, it selectively make loans to certain of its operators through its taxable REIT subsidiaries, the proceeds of which are typically used for acquisition and working capital purposes.
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