The transaction values the portfolio at $1.78 billion and is expected to generate $1.3 billion in proceeds for Medical Properties Trust.

With vaccine mandates for nursing home workers set to go into effect within weeks, the seniors housing industry faces new labor challenges, reports The Wall Street Journal. The U.S. economy is growing, but high inflation, goods shortages and still...

Arkups, as they are called, are hurricane-proof homes that can be docked at a marina or driven 2,500 nautical miles into the ocean.

By taking on the non-traded REIT’s portfolio, IRT is hoping to capitalize on value-add redevelopment opportunities.