MEDICAL PROPERTIES TRUST INC

Medical Properties Trust is a self-advised real estate investment trust that acquires and develops net-leased hospital facilities. The company's core business involves purchasing hospital properties and leasing them to healthcare operators under long-term net lease arrangements, which generate stable rental income. This model allows hospital operators to monetize their real estate assets and redeploy capital toward facility improvements, technology upgrades, and operational investments.

As of September 30, 2025, the company owned 388 hospital facilities representing approximately 39,000 licensed beds across nine countries spanning three continents. The portfolio includes properties in the United States and international markets. MPT was founded in Birmingham, Alabama in 2003 and operates with a lean corporate structure of 121 full-time employees supporting its real estate investment and lease management operations.

The company generates revenue primarily through lease payments from hospital operators on its net-leased properties. The net lease structure typically places responsibility for property taxes, insurance, and maintenance on the tenant operators, providing MPT with predictable, recurring rental income with minimal direct operating expenses.