Established in 2003, Medical Properties Trust, Inc. (MPT) functions as a self-managed real estate investment trust (REIT), primarily focused on acquiring and developing hospital properties under net-lease arrangements. From its humble beginnings in Birmingham, Alabama, MPT has expanded significantly, becoming a leading global proprietor of hospital assets. Its extensive, pro forma portfolio now boasts 431 facilities, encompassing approximately 43,000 licensed beds across nine different countries and four continents.