Macquarie Infrastructure Partners V SCSp, managed by Macquarie Asset Management Inc. completed the acquisition of 50% Interest in Eight General Acute Care Hospitals Portfolio in Massachusetts from Medical Properties Trust, Inc..
March 15, 2022
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Macquarie Infrastructure Partners V SCSp, managed by Macquarie Asset Management Inc. entered into an agreement to acquire 50% Interest in Eight General Acute Care Hospitals Portfolio in Massachusetts from Medical Properties Trust, Inc. (NYSE:MPW) on September 1, 2021. MIP V has agreed to acquire its interest in the partnership for cash based on a 5.6% 2021 cash cap rate. The consummation of the transaction is subject to customary closing conditions, as well as the ability to source nonrecourse secured debt financing for the transaction. The cash proceeds anticipated to be generated through this transaction will be used to repay debt and fund MPT's previously announced $950 million Springstone inpatient behavioral health facility transactions. Mizuho Financial Group is acting as financial adviser, and Gibson, Dunn & Crutcher is acting as legal adviser to Macquarie Asset Management on the transaction. CBRE is acting as financial adviser, and Goodwin Procter and Baker Donelson PC are acting as legal advisors for MPT.
Macquarie Infrastructure Partners V SCSp, managed by Macquarie Asset Management Inc. completed the acquisition of 50% Interest in Eight General Acute Care Hospitals Portfolio in Massachusetts from Medical Properties Trust, Inc. (NYSE:MPW) on March 16, 2022.
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT). The Company conducts all of its operations through its subsidiary, MPT Operating Partnership, L.P. (the Operating Partnership). It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Company selectively makes loans to certain of its operators through its taxable REIT subsidiaries (TRS). The Company has healthcare investments in the United States, Europe and South America. The Company owns hospital real estate with 434 facilities in nine countries and across three continents. The Company's financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
Macquarie Infrastructure Partners V SCSp, managed by Macquarie Asset Management Inc. completed the acquisition of 50% Interest in Eight General Acute Care Hospitals Portfolio in Massachusetts from Medical Properties Trust, Inc..
MEDICAL PROPERTIES TRUST, INC. 
