MEDICAL PROPERTIES TRUST ACQUIRES HOSPITAL PORTFOLIO

by admin

BOSSIER CITY, LA.; CHERAW AND BENNETTSVILLE, S.C. — Birmingham, Ala.-based Medical Properties Trust has acquired a seven property portfolio, including hospitals in Bossier City, Cheraw and Bennettsville, from Newport Beach, Calif.-based HCP, Inc., for $138 million. The portfolio was comprised of Cornerstone Hospital in Bossier City; Chesterfield General Hospital in Cheraw; Marlboro Park Hospital in Bennettsville; and additional properties in Arizona, Idaho and Texas.

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