Category: landlord
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Hospital Landlord MPT Seeks Control of California Entities
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(Bloomberg) — Medical Properties Trust Inc., one of the largest U.S. hospital owners, moved to take control of three Southern California health care entities after the owner — Prospect Medical Holdings — was accused of defaulting on debt. Most read from Bloomberg MPT has requested the resignation of board members…
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Steward Health Care’s settlement deal with landlord MPT receives court approval
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U.S. hospital operator Steward Health Care has received court approval for a settlement with its owner, Medical Properties Trust (MPT), amid ongoing bankruptcy proceedings. U.S. Bankruptcy Judge Christopher Lopez approved the agreement, which allows Steward to move forward with the sale of the hospital operations. This comes on the heels…
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US Healthcare Landlord Medical Properties Trust’s Largest Tenant Steward Health Goes Bankrupt, Sparks Regulatory Concerns
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US Healthcare Landlord, Largest Tenant of Medical Properties, Largest Tenant, Host Health, Goes Bankrupt, Raising Regulatory Concerns Trust Company for Medical Properties (NYSE:MPW) lessee Steward Healthcare It fell into Chapter 11 bankruptcy, posing significant financial risks to hospitals in eight states. State regulators, concerned about the precarious situation, have stepped…