Medical Properties closes $760M sale-leaseback deal with Springstone

Medical Properties Trust Inc. finalized the $760 million sale-leaseback deal for 18 inpatient behavioral health hospital facilities operated by Springstone and a $190 million stake in the operating company in late October.

Also in October, the healthcare real estate investment trust purchased a cancer treatment and diagnostics center operated by an Atrys Health SA affiliate near Porto, Portugal, for €18 million and wrapped up the sales of its separate stakes in the operations of German acute hospital operator ATOS Clinics International and German post-acute operator Median Kliniken GmbH.

Medical Properties completed its sale-leaseback deal for five general acute hospitals leased to Steward Health Care System LLC in South Florida for $900 million in early August, according to the REIT's third-quarter earnings release.