“This transaction creates a stronger, well-capitalized tenant for MPT while at the same time significantly improves our balance sheet,” said Edward K. Aldag, Jr., Chairman, President and CEO of Medical Properties Trust. “We have always focused on leasing to the best tenants and positioning our balance sheet with best-in-sector strength and flexibility to minimize risk for our investors and be poised to take advantage of opportunities,” continued Aldag.
“After paying down our debt with $550 million of proceeds from these transactions, our net debt to EBITDA of approximately 5.6 times will be among the top third of all REITs. We will have $1.15 billion of availability under our revolver, very limited near term debt maturities and outstanding opportunities to selectively invest in hospital real estate leased to the best operators in our markets. It is a great time to be as well positioned for accretive growth as we now are,” concluded Aldag.
press release this morning...more follow-through from current management at ADK.
the health care landscape...good article. will not let me post link, but you can find if you search "urgent care" and "Orlando Sentinal". Happy reading....just what the doctors ordered, imo, and why MPW continues to succeed with its growth strategy.
I believe the earnings will not matter as much as guidance going forward, both for subsequent quarters and for y/e. we'll see, but if revisions up, we're going to see $20-22 really soon. remember this thing is STILL beaten up from previous beatdown/meltdown....my guess is anywhere below $20 is "buy & hold". but, jmho. the guys on this board poo-pooing FIT came in AFTER the rundown or are deep underwater & hate the company, for the most part, so I take their "downer" posts with a grain of salt. all I had to see was the AAPL news re: consumer trends, and I believe we're headed to new recent highs & better earnings than previously anticipated. i believe as well that you "new business" will be insurance & corporate sales, as announced already.
how much did they cut your pay for the miss re: 53 cents?!?!?? LOOZAH!!!!!!!
let's see, the Dow is off 210, so I think I'll visit the VVUS board & brag about the 5-cent drop....lolololOLOLOLOL!!!!
buy new, but when it breaks it's not like normal product support...replacements imo are "not new"...what a ripoff!!! why don't they replace broken phones that people pay BIG BUCKS for?!?! why do they allow service retailers like Verizon to mess up their "brand" by switching for inferior products, if they are the ones allowing it???
the PATENT PARTY NEVER ENDS!!!!!! thanks for the info...meanwhile, will UA & AAPL go back to the drawing board on "Healthbox" & "Smartwatch" product names?!?!?!? imo, they should...really, a "box" & a "watch"?!!?!? they could pay ME much less to rename them...good luck with "(XXX)-bits" - GENIUS!!!!!!!
didn't the dude die in China, and they offered his family $15k? thought I read that somewhere...
put some advertising $$$$$$ behind it and watch it RUN!!!!!!!!
KICK this bad boy off with TELEVISION ADS, and watch it GROW...& GROW....& GROW!!!! OLOLOL.....BAGAS WIN!!!!!
with Viagra & Cialis & others to help men with E.D...now, THAT would be MARVELOUS!?!!?!?!?!!!!!!!!
maybe he'll take the cash to VVUS & LOAD UP!?!!?!?!?!? Vivus gets the marketing rights to Stendra, its ED drug that is faster-acting (imo) than Viagra & Cialis very soon...