Posted inHealth Care

Steward landlord denies its rents are excessive

Edward Aldag Jr., the chairman and CEO of Medical Properties Trust, and other members of the firm’s leadership group told financial analysts that the rents the Alabama-based company is charging Steward for its hospitals are not excessive and that they fully expect those rents to remain at or near current levels when the hospitals are sold to “better qualified operators” over the next several months.

Posted inGovernment

Boston’s taxing war of words 

To head off a spike in residential taxes, the Wu administration wants to raise the tax rate on commercial property. But the city already taxes commercial owners at a much higher rate than residential taxpayers – the highest level allowed by law – so it needs approval from the Legislature to raise that rate further.

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