LOUISVILLE, KY – Medical Properties Trust Inc. has entered into definitive agreements to invest $950 million into the Louisville, KY-based, behavioral health platform, Springstone LLC.
The firm's investment includes the acquisition and leaseback of 18 inpatient behavioral hospital facilities, valued at $760 million, and the $190 million acquisition of interests in the operating company, Springstone LLC.
Medical Properties Trust is acquiring the properties and interest from Welsh, Carson, Anderson & Stowe, for a total consideration of $950 million.
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