BIRMINGHAM, Ala.--(BUSINESS WIRE)--Sep. 2, 2015--
Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW)
today announced that the previously disclosed acquisition of Capella
Holdings, Inc. (“Capella”) has been completed. Capella Health Holdings
LLC, an affiliate of MPT jointly owned with current Capella management,
closed the acquisition and began operating the Capella facilities on
Monday, August 31.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a self-advised real estate investment
trust formed to capitalize on the changing trends in healthcare delivery
by acquiring and developing net-leased healthcare facilities. MPT’s
financing model allows hospitals and other healthcare facilities to
unlock the value of their underlying real estate in order to fund
facility improvements, technology upgrades, staff additions and new
construction. Facilities include acute care hospitals, inpatient
rehabilitation hospitals, long-term acute care hospitals, and other
medical and surgical facilities. For more information, please visit the
Company’s website at www.medicalpropertiestrust.com.
The statements in this press release that are forward looking are
based on current expectations and actual results or future events may
differ materially. Words such as "expects," "believes," "anticipates,"
"intends," "will," "should” and variations of such words and similar
expressions are intended to identify such forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results of the
Company or future events to differ materially from those expressed in or
underlying such forward-looking statements, including without
limitation: the satisfaction of all conditions to, and the timely
closing (if at all) of, the Capella sale-leaseback transactions
described herein; the capacity of the Company’s tenants to meet the
terms of their agreements; national and international economic,
business, real estate and other market conditions; the competitive
environment in which the Company operates; the execution of the
Company's business plan; the Company's ability to maintain its status as
a REIT for federal income tax purposes; acquisition and development
risks; potential environmental and other liabilities; and other factors
affecting the real estate industry generally or healthcare real estate
in particular. For further discussion of the factors that could affect
outcomes, please refer to the "Risk factors" section of the Company's
Annual Report on Form 10-K for the year ended December 31, 2014, and as
updated by the Company’s subsequently filed Quarterly Reports on Form
10-Q and other SEC filings. Except as otherwise required by the federal
securities laws, the Company undertakes no obligation to update the
information in this press release.
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Source: Medical Properties Trust, Inc.
Medical Properties Trust, Inc.
Tim Berryman, 205-969-3755
Director
– Investor Relations
tberryman@medicalpropertiestrust.com