Medical Properties Trust (NYSE: MPW) expanded aggressively when interest rates were low. The real estate investment trust (REIT) took on a lot of debt to build one of the world’s largest portfolios of hospital real estate. That rapid growth allowed the REIT to grow its dividend. Unfortunately, the healthcare REIT’s strategy backfired when rates surged,…
When Guy Consolmagno went to Kenya with the Peace Corps at age 30, he was homesick at first, but soon found a remedy: He would go outside after dark and look at the stars scattered like diamonds across the night sky.“These were the stars that I grew up with in Michigan. So I said, ‘How…
halbergman / Getty Images/iStockphotoThere are plenty of reasons that Arizona is considered a hot state. No, it’s not just the weather that breaks records — it’s the housing market as well. Real estate in Arizona is having a boom for a variety of reasons and it might continue through 2029… or fizzle out by that…
PHOENIX – The Arizona Humane Society (AHS) is providing free adoptions for any dogs 50 pounds and over in order to help larger dogs find new homes and combat overcapacity in shelters. According to an AHS press release, adoptions are remaining steady but bigger dogs tend to remain at the shelter longer than other pets….
A well-known metro Phoenix home inspector with hundreds of thousands of social media followers and posts of construction problems, including shoddy roofs, has drawn a complaint with regulators from a homebuilder.Taylor Morrison filed a complaint against Cy Porter of CyFy Home Inspections, alleging he misrepresents problems, creates fear-mongering with buyers, conceals facts and cyberbullies people.Porter…
Elephants, tortoises, big cats and more enjoyed the faux winter wonderland at Phoenix Zoo on July 19Phoenix Zoo Rhino celebrating Summer Snow Day at the Phoenix ZooPhoenix Zoo knows how to keep things cool!The zoo, located in Arizona’s capital, recently treated its animals to an unconventional event: a “summer snow day.”There was not a snowflake…
BIRMINGHAM, Ala., July 24, 2024–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the sale of the 50-bed Arizona General Hospital in Mesa, AZ and seven freestanding emergency department (“FSED”) facilities in the Phoenix metropolitan area to Dignity Health, a wholly-owned subsidiary of CommonSpirit Health, for $160 million. The sale price…
Las Vegas (KSNV) — The Vegas Knight Hawks have their sights set on the upcoming Indoor Football League (IFL) playoffs, which will be their first appearance in franchise history.After Saturday’s 49-25 win against the Tucson Sugar Skulls in Henderson, the Knight Hawks clinched the second seed in the Western Conference, giving them home-field advantage for…
Wealthy homebuyers have four opportunities to dip into their wallet in order to slip into a luxury estate featuring posh swimming pools and poolside amenities.First up, an estate on 57 acres in Sedona is listed for $18.5 million, featuring a luxurious pool that invites prospects as temperatures soar to 100 degrees in the northern Arizona…
A Florida homebuilder is making its Arizona debut with the purchase of nearly 300 lots on opposite ends of metro Phoenix.Dream Finders Homes Inc. (NYSE: DFH) secured the last piece of Phase IV at Bella Vista Farms master-planned community in San Tan Valley and took another 36.57 acres at El Cidro in Goodyear.The firm’s land…