Vikram Partap Garewal's questions to Medical Properties Trust Inc (MPW) leadership • Q4 2024
Question
Vikram Partap Garewal inquired about the strategic plan for assets leased to Prospect Medical following its bankruptcy, asking if the intent is to sell all the real estate or potentially re-lease some facilities. He also asked if any other asset sales are currently being evaluated.
Answer
R. Hamner, Executive Vice President and CFO, explained that the resolution for Prospect's assets is uncertain and subject to court approval. He outlined several possibilities, including joint sales of operations and real estate, separate sales, or new leases with MPT. Hamner confirmed no other major asset sales are pending, aside from a few minor transactions.