[11] In March 2022, Medical Properties Trust sold a 50% stake in the eight Massachusetts hospitals it had bought from Steward Healthcare System to Macquarie Infrastructure Partners V for $1.7 billion.
MPT referenced Steward’s dependability in paying approximately $1.2 billion in rent and interest since 2016 as further evidence of prudent underwriting.
MPT also cited its 2022 sale of a 50% stake in the Massachusetts real estate it bought from Steward as validation of its strategy.
[16] In March 2024, Bethany McLean of Business Insider critcized the company, writing that "MPT's hospital investments represent a breathtaking scheme that has decimated healthcare in communities across America.
Referring to him, the article states "Top executives, including Aldag, received hefty bonuses based in part on the dollar volume of transactions they did — meaning the more hospitals they drove into debt, the better."