The financing strategy will allow MPT to increase its leverage, primarily to repay debt maturing in the coming year. The debt is backed by subsidiaries that own 167 properties, operated by 19 different tenants across the U.S., U.K., and Germany.
The year ahead is shaping up to be a significant for MOBs, driven by factors like an aging population, rising healthcare spending, technological advancements, and changing consumer preferences.
The Baylor Scott & White Medical Center – Frisco at PGA Parkway – will feature a range of services. Set on a 37-acre campus, the 340,000-square-foot, 84-bed facility will also include 2.3 miles of paved trails for outdoor activities.
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