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UNIVERSAL HEALTH REALTY INCOME TRUST ANNOUNCES TWO NEW INVESTMENTS

 KING OF PRUSSIA, Pa., Jan. 6 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE: UHT) announced today that it has closed a $6.5 million first mortgage financing on Madison Irving Surgery Center in Syracuse, N.Y., and had leased Belmont Community Hospital in Chicago to Transitional Hospital Corporation, a subsidiary of Community Psychiatric Centers (NYSE: CMY).
 Madison Irving Surgery Center is a four-operating-room, 16,400- square-foot surgery center which is operated by Crouse Irving Memorial Hospital. Crouse Irving, a 612-bed general acute care hospital in Syracuse, is the largest hospital in Syracuse and is a major teaching and tertiary care center. Madison Irving has been in operation for more than five years and has consistently shown strong financial performance.
 The Trust entered into a new lease of Belmont Community Hospital with Transitional Hospital Corporation, a wholly owned subsidiary of Community Psychiatric Centers. Transitional will operate the facility as a long-term sub-acute hospital. In conjunction with this transaction, the Trust purchased approximately $2 million of additional real assets related to the hospital which is owned by the Trust and was previously leased back to Universal Health Services, Inc. The lease obligation of Transitional is fully guaranteed by Community Psychiatric Centers.
 Kirk E. Gorman, president of UHT, said, "We are pleased to be able to add these two new high quality customers to our portfolio. These investments are just the first step in the Trust's acquisition program designed to expand UHT's portfolio."
 Universal Health Realty Income Trust, a real estate investment trust, invests in health care and human services related facilities including acute care hospitals, psychiatric hospitals, rehabilitation hospitals, sub-acute care facilities, surgery centers and medical office buildings.
 /delval/
 -0- 1/6/94
 /CONTACT: Cheryl K. Ramagano, vice president and treasurer of Universal Health Realty Income Trust, 215-265-0688/
 (UHT)


CO: Universal Health Realty Income Trust ST: Pennsylvania IN: FIN SU:

MP-LJ -- PH014 -- 9844 01/06/94 15:03 EST
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Publication:PR Newswire
Date:Jan 6, 1994
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