Welcome to our dedicated page for Sila Realty Trust news (Ticker: SILA), a resource for investors and traders seeking the latest updates and insights on Sila Realty Trust stock.
Sila Realty Trust Inc (SILA) maintains this comprehensive news hub for tracking official announcements and market developments related to its healthcare-focused real estate investments. Investors and analysts will find carefully curated updates including earnings reports, property acquisitions, leadership changes, and strategic initiatives within the medical real estate sector.
This resource centralizes critical information about SILA's REIT operations, offering transparent access to financial disclosures and operational milestones. Regular updates cover essential aspects of healthcare property management, portfolio expansion, and capital allocation strategies that shape the company's performance in specialized real estate markets.
Key content categories include quarterly financial results, facility acquisitions/dispositions, dividend declarations, and regulatory filings. All materials are sourced from verified corporate communications to ensure compliance with financial reporting standards. Bookmark this page for streamlined access to SILA's evolving position in medical office buildings, senior living facilities, and other healthcare-related properties.
Sila Realty Trust (NYSE:SILA) has completed a strategic acquisition of two medical outpatient buildings in Southlake, Texas for $16.15 million. The portfolio consists of a gastroenterology center and an ambulatory surgery center with complementary operations.
The gastroenterology center is leased to GI Alliance, the largest gastroenterology group in the US and a Cardinal Health subsidiary. The ambulatory surgery center is leased to a joint venture between Baylor Scott & White Health and United Surgical Partners International, along with a physician group. The properties benefit from strong operational synergies due to their overlapping physician groups and patient populations.
Sila Realty Trust (NYSE:SILA) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results after market close on Wednesday, August 6, 2025.
A conference call and webcast with analysts will follow on Thursday, August 7, 2025, at 11:00 a.m. Eastern Time. The webcast will be accessible through Sila's Investor Relations website and will remain available for replay for 12 months following the call.
Sila Realty Trust (NYSE: SILA) has scheduled the release of its first quarter 2025 financial results after the NYSE trading session closes on Wednesday, May 7, 2025. The company will host a conference call and audio webcast with analysts on Thursday, May 8, 2025, at 11:00 a.m. Eastern Time to discuss the quarterly results and address questions.
The webcast will be accessible through Sila's Investor Relations website and will remain available for replay for 12 months following the call.
Sila Realty Trust (NYSE: SILA) has completed a $23.5 million acquisition of an inpatient rehabilitation facility in Dover, Delaware. The 34-bed Dover Healthcare Facility, built in 2019, spans approximately 42,000 square feet and is fully leased to a joint venture between Bayhealth Medical Center and a subsidiary of Post Acute Medical, .
The facility is uniquely positioned as the only inpatient rehabilitation center in Kent County and one of just four in Delaware. It has maintained peak census since opening and benefits from the state's Certificate of Public Review licensure process, which creates significant entry barriers. The facility offers comprehensive inpatient and outpatient care programs, including physical, occupational, speech, and cognitive therapies.
Sila Realty Trust (NYSE: SILA) has completed a $35.12 million acquisition of a 57-bed inpatient rehabilitation facility in Knoxville, Tennessee. The approximately 70,000 square foot facility, built in 2021, is fully leased to Knoxville Rehabilitation Hospital, - a joint venture between the University of Tennessee Medical Center, Lifepoint Health, and Tennova Healthcare.
The facility specializes in neurological rehabilitation, stroke rehabilitation, brain injuries, spinal cord injuries, amputation, and orthopedics. Located within the 109-acre Tennova Health Park, it operates alongside an ambulatory surgical center and a behavioral health center. This marks Sila's first acquisition in Tennessee, representing an expansion into the Sun Belt market and positively impacting their weighted average remaining lease term.
Sila Realty Trust (NYSE: SILA) reported its Q4 and full-year 2024 results, highlighting significant operational achievements. Q4 delivered net income of $11.1M ($0.20 per share) and Cash NOI of $41.0M. For full-year 2024, the company posted net income of $42.7M ($0.75 per share) with Cash NOI of $168.6M.
Key 2024 milestones include:
- NYSE listing in June 2024
- Acquisition of 8 healthcare properties for $164.1M
- Portfolio expansion to 135 properties spanning 5.3M rentable square feet
- 96.0% weighted average occupancy rate
- 9.7-year weighted average remaining lease term
The company secured two mezzanine loans totaling $17.5M for healthcare facility developments and implemented quarterly dividend distributions starting 2025. A new $600M revolving credit facility was established, replacing the previous $500M line.
Sila Realty Trust (NYSE: SILA) has announced the closing of a new $600 million revolving credit facility, replacing its previous $500 million facility. The new agreement matures in February 2029, with two six-month extension options, and includes an accordion feature that could increase the total amount to $1.5 billion, subject to lender approval.
The facility offers flexible borrowing options through Base Rate loans (0.25% to 0.90% margin) or SOFR loans (1.25% to 1.90% margin), with rates adjustable based on total leverage ratio. The company's previous facility was fully undrawn and had a February 2026 maturity date. Bank of America leads the facility as Administrative Agent, with multiple major banks serving as Co-Syndication Agents.
Sila Realty Trust (NYSE: SILA) has scheduled its fourth quarter and year-end 2024 financial results announcement for Tuesday, February 25, 2025, after the NYSE trading session closes. The company will host a conference call and audio webcast with analysts on Wednesday, February 26, 2025, at 11:00 a.m. Eastern Time to discuss the results and address questions.
The webcast will be accessible through Sila's Investor Relations website and will remain available for replay for 12 months following the call.