---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-002655"
form_type: "8-K"
ticker: "MPT"
cik: "0001287865"
company_name: "MEDICAL PROPERTIES TRUST INC"
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T02:58:54.824530+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MPT expects $350M write-off of Steward rent receivables; provides $60M bridge loan

## Summary
- Unpaid rent under Steward master lease totals ~$50M as of Dec 31, 2023 (excl. ~$50M Norwood deferred).
- MPT expects Q4 2023 non-cash charge to write off $225M straight-line rent, $25M from unconsolidated partnership, and $100M unpaid rent receivables.
- MPT provides new $60M bridge loan secured by second liens on Steward's managed care; existing ~$215M loans also get second liens.
- Steward to seek asset sales and a capital partner for managed care; proceeds to repay MPT obligations.
- Lease amended to allow rent deferral through June 2024; partial payments resume Feb 2024 (~$9M Q1, ~$44M Q2).

## SEC filing metadata
- accession: 0001193125-24-002655
- form_type: 8-K
- ticker: MPT
- cik: 0001287865
- company_name: MEDICAL PROPERTIES TRUST INC
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287865/000119312524002655/0001193125-24-002655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287865/000119312524002655/d666800d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-002655
- JSON: https://secwatch.observer/filing/0001193125-24-002655.json
- Plain text: https://secwatch.observer/filing/0001193125-24-002655.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.