Bankrupt Steward Health Care Drags Medical Properties Trust To Massive Loss

Medical Properties Trust, the largest U.S. hospital landlord, missed its revenue projections last quarter and reported worsening losses as it works to mitigate the fallout from its biggest tenant filing for bankruptcy. 

The hospital landlord on Thursday reported a net loss of $736M for the first quarter, primarily linked to beleaguered tenant Steward Health Care. The report shows a worsening from Q4, when MPT reported a loss of $664M, and it comes one year after it reported a net profit of $33M during…

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Developers Question Whether New Zoning Plans Are Enough To Bring On New Projects

The MBTA Communities Act required local municipalities to address Massachusetts' housing shortage by allowing higher-density multifamily and mixed-use projects near transit stops. Enacted in 2021, the state's transit-oriented housing law was initially hailed by the real estate industry for its potential to unlock new development.

But some communities are outright rejecting new zoning plans, and some that are seemingly complying with the law are adopting strategies that undermine its goal.

Developers at Bisnow's Boston suburbs event on Wednesday said the optimism they once had in entering these communities is starting to fizzle.

"I think it's a lot more than just getting to yes," Mark Development principal Damien Chaviano said at the Hilton Dedham/Boston Hotel. "As I look at the zoning tools that are being discussed, I just think there's too much latitude that local municipalities have been given.…

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Will Waning Consumer Confidence Rain On The Retail Parade?

Nearly across the board, retail landlords celebrated strong earnings to start the year. In calls with investors, executives projected confidence, despite economic fears that spending may soon drop.

Retail vacancy is at an all-time low, clocking in at 4.1% in the first quarter, according to CoStar. Shopping center owners are reveling in the moment — especially since the pandemic caused so many retailers to close up shop just a few years earlier. For

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