Sila Realty Trust Inc Stock Price, News & Analysis

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.

Sila Realty Trust (NYSE: SILA) reported Q3 2024 results with net income of $11.9 million ($0.21 per diluted share) and Cash NOI of $40.8 million. The REIT acquired a $28.4 million inpatient rehabilitation facility in Arkansas and sold Fort Myers Healthcare Facilities for $15.5 million. The company completed a $50 million modified Dutch Auction tender offer and maintains strong liquidity of $528.6 million. The portfolio consists of 136 properties with 95.5% occupancy and an 8.3-year weighted average remaining lease term. Monthly cash distributions of $0.1333 per share were declared, with plans to shift to quarterly distributions in 2025.

Sila Realty Trust (NYSE: SILA) has announced its schedule for releasing third quarter 2024 financial results. The company will issue its report on Tuesday, November 12, 2024, before the market opens. Following the release, Sila will host a conference call and audio webcast with analysts at 11:00 a.m. ET on the same day to discuss the results and answer questions.

Investors and interested parties can access the live and archived webcast through the Events page of Sila's Investor Relations website or via a direct link provided. The archived webcast will remain available for 12 months after the call, allowing for extended access to the discussion of the company's financial performance.