Buying Medical Properties Trust Taught Me a Costly Lesson

The healthcare REIT has weighed on my returns in recent years. Medical Properties Trust (MPW -4.04%) is my largest investment in a single real estate investment trust (REIT). I built that position up over a decade and a half by steadily buying more shares of the healthcare REIT. The main draw was its high-yielding dividend. That investment paid off for a long time. However, the healthcare REIT has come under tremendous pressure in recent years due to an issue I completely overlooked: tenant concentration. M ...