Medical Properties Trust Stock Plummets Amid Financial Struggles

The company faces a $350 million write-down and is ramping up recovery efforts for uncollected rent and loans.

Medical Properties Trust's stock is plummeting, marking its lowest close since 2009.
The real estate investment trust is increasing efforts to recover uncollected rent and outstanding loans from its largest tenant.
The company has announced it will take about $350 million of write-downs related to its largest tenant.
Medical Properties Trust has hired a restructuring adviser in response to the financial strain.