Nation’s Biggest Hospital Landlord Suffers New Losses

Nation’s Biggest Hospital Landlord Suffers New Losses

Medical Properties Trust, the country’s largest hospital landlord, said it would record about $350 million of write-downs related to its largest tenant, which had fallen behind on its rent, and hired a well-known restructuring adviser.  MPT, which had long supported Dallas-based Steward Health Care System, said more write-downs are possible. The news, released Thursday after … Read more

Miss Universe Pageant Business Troubles Could Overshadow the Glamour

Miss Universe Pageant Business Troubles Could Overshadow the Glamour

When Thai media mogul Jakkaphong Jakrajutatip fulfilled her lifelong dream of buying Miss Universe, it signaled a new chapter for the beleaguered pageant. Miss Universe, which bows tonight in El Salvador, had been limping along with dwindling relevance in recent years. Until 2022, when colorful businesswoman and trans reality star Jakrajutatip, 44, bought it with … Read more