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Medical Properties Trust selling spree continues, Utah deal closes

Medical Properties Trust (MPT) has sold its majority interests in five hospitals in Utah for $886m. This transaction, along with a $190m secured loan, is expected to generate $1.1bn in immediate cash for MPT. The healthcare landlord has been selling assets to improve liquidity after it was heavily exposed during the financial troubles of its largest tenant, Steward Health Care.

Source: www.healthcaredive.com –

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