Medical Properties Trust's (MPW: chart) shares gained 4.8% in their stock market debut on Friday. The company's shares began trading at 10.80, up from its initial public offering price of $10.50.

The company priced 12.1 million shares at $10.50 per share, near the bottom of the projected $10 - $12 price range a share. The REIT will sell additional 701.8 thousand shares than the projected 11.4 million. Almost 11.4 million shares were issued by the company, while 701.8 thousand shares were sold by shareholders.

The REIT, which acquires, develops and leases acute care healthcare facilities, is raising $127 million with underwriters Friedman Billings Ramsey & Co, JP Morgan Securities, Wachovia Capital Markets, and Stifel Nicolaus & Co.

The company gained 4.8% to close at $11.00 on Friday, the day of its market debut.

IPOs scheduled to price the week July 11th, 2005:

Advanced Life Sciences (ADLS: chart), a drug-developer, said on Tuesday that it will be offering 4.5 million shares within a price range of $11 - $13 per share in a bid to raise $192 million. CE Unterberg Towbin is the lead underwriter on the deal.

Accentia Biopharmaceuticals (ABPI: chart), a Florida, Tampa – based drug-maker, said it will be offering 6.25 million shares within a price range of $11 - $13 per share in a bid to raise $386. Insiders will be selling 1.0 million shares. Jefferies is the lead underwriter on the deal.

Focus Media Holdings (FMCN: chart), a China-based out-of-home advertising networks, said on Wednesday that it will be offering 10.1 ADSs within a price range of $14 - $16 per ADS. Goldman Sachs, CS First Boston, Piper Jaffray and CIBC World Markets are the lead underwriters on the deal.

CryoCor (CRYO: chart), a disposable catheter system - manufacturer, said on Friday that it will be offering 3mm shares within a pricing range of $11 - $13 per share. The company had changed its plans to offer 2.85mm shares within a pricing range of $10 to $14. WR Hambrecht is the lead underwriter on the deal.

JER Investors Trust (JRT: chart), a REIT that acquires real estate debt securities and loans, said it will be offering 12.4 million shares within the price range of $16.50 - $18.50. The company had changed its plans to offer 12 million shares within a range of $16.50 - $17.50. Insiders will be selling 388 thousand shares. Friedman Billings is the lead underwriter on the deal.

Quintana Maritime (QMAR: chart), a dry bulk shipper with a fleet of eight Panamax vessels, said on Thursday that it will be offering 16.7 million shares within a price range of $14 - $16 per share. Citigroup and Morgan Stanley are the lead managers on the deal.