Chiron Real Estate Inc. (XRN), through subsidiaries, closed the acquisition of The Pinnacle North Bethesda, a senior housing community in North Bethesda, Maryland, on October 1, 2026, for a purchase price of $173.2 million. The company said the purchase was funded with cash on hand and proceeds from its credit facility.
In connection with the acquisition, Chiron Real Estate LP, the company’s operating partnership, incurred approximately $171 million of additional indebtedness under the company’s Third Amended and Restated Credit Facility. Chiron will operate the property as a senior housing operating property asset. An affiliate of Greystone Communities, described as a third-party operator, entered into a management agreement on October 1 to manage day-to-day operations.
Affiliates of Silverstone Senior Living were the sellers. Chiron executive officer Robert Zeiller serves on Silverstone’s board and holds a minority equity interest in Silverstone. The company stated that the purchase price was determined through arm’s-length negotiations and customary real estate valuation and underwriting analyses. The acquired business’s financial statements and pro forma financial information are to be filed by amendment no later than 71 days after the date the initial report is required to be filed.
Chiron Real Estate Inc. (XRN) reported that Chief Administrative Officer Holley Danica received a grant of 20,992 stock options on August 27, 2026. The options have an exercise price of $60.00 per share, expire on August 27, 2036, and relate to 20,992 shares of common stock.
According to the disclosure, these options become exercisable in three equal annual installments on August 27 of 2027, 2028, and 2029, subject to her continued service through each vesting date. Following this grant, she holds 20,992 options directly.
Chiron Real Estate Inc. (XRN) reported that its General Counsel and Secretary, Jamie Allen Barber, received a grant of 19,084 stock options on August 27, 2026. The options have an exercise price of $60.00 per share, expire on August 27, 2036, and were awarded at no cost. These options vest in three equal annual installments on August 27, 2027, 2028, and 2029, contingent on continued service, leaving Barber with 19,084 options outstanding after the grant.
Chiron Real Estate Inc. (XRN) reported an equity compensation grant to its CEO and President, Decker Mark Okey Jr. He received 49,618 stock options to buy common stock at an exercise price of $60.00 per share. These options vest in three equal annual installments on August 27, 2027, August 27, 2028, and August 27, 2029, subject to his continued service, and expire on August 27, 2036. Following this grant, he holds 49,618 options directly.
Chiron Real Estate Inc. (XRN) reported that its CFO and Treasurer, Robert J. Kiernan, received a grant of 29,580 stock options on August 27, 2026. The options have an exercise price of $60.00 per share, expire on August 27, 2036, and vest in three equal annual installments on August 27, 2027, 2028, and 2029, subject to his continued service.
Chiron Real Estate Inc. (XRN) reported that officer Robert Harold Zeiller, Chief Development Officer and Head of Seniors Housing, received a grant of options to acquire 23,855 shares of common stock at an exercise price of $60.00 per share. These options vest in three equal annual installments on August 27, 2027, 2028 and 2029, contingent on continued service, and expire on August 27, 2036. The grant was made outside Chiron Real Estate Inc.'s 2016 Equity Incentive Plan as an employment inducement award under NYSE Listing Rule 303A.08, approved by the board’s Compensation Committee of independent directors.
Chiron Real Estate Inc. (XRN) reported that COO Roseth Aaron Robert received a grant of options to buy 23,855 shares of common stock at an exercise price of $60.00 per share, expiring on August 27, 2036. The options vest in three equal annual installments on August 27, 2027, 2028, and 2029, subject to his continued service. The grant was made as an employment inducement award outside the company’s 2016 Equity Incentive Plan under NYSE Listing Rule 303A.08, approved by the Compensation Committee consisting solely of independent directors. The filing also clarifies that Roseth was previously misidentified as a director and is correctly reported as an officer (COO).
Chiron Real Estate Inc. (XRN) reported that Chief Investment Officer Matthew Fitzsimmons Whitlock received a grant of 28,626 stock options on August 27, 2026. The options have an exercise price of $60.00 per share, vest in three equal annual installments from 2027 to 2029, and expire on August 27, 2036. The grant was made as an employment inducement award outside the company’s 2016 Equity Incentive Plan under NYSE Listing Rule 303A.08, approved by the Compensation Committee of independent directors.
Chiron Real Estate Inc. (XRN) reported that Chief Investment Officer Matthew Fitzsimmons Whitlock purchased a total of 1,000 shares of common stock in two open-market or private transactions. He bought 500 shares on August 14, 2026 at $37.21 per share and 500 shares on August 17, 2026 at $36.38 per share, all held as direct, non-derivative ownership. The filing indicates these transactions were not made under a Rule 10b5-1 trading plan.
Chiron Real Estate Inc. acquired two senior housing communities in Alexandria, Virginia on June 1, 2026: The Landing for $130.0 million and The Riviera for $118.9 million, funded with borrowings under its credit facility. This amendment supplies audited financials for The Landing, an audited statement of assets and liabilities for The Riviera, and pro forma information.
The Riviera opened in March 2026 and was early in lease-up, with 9% occupancy at March 31, 2026 and 18% at June 1, 2026, comprising 23 leased units at an average monthly rent of $11,860 per unit and a $1.9 million operating loss for the five months ended June 1, 2026. Management expects a Riviera yield-on-cost of greater than 7% upon stabilization in the second half of 2028.
For The Landing, total assets were $85.2 million and notes payable $47.7 million as of March 31, 2026, with revenues of $5.2 million for the quarter and $18.1 million in 2025, both periods showing net losses. Pro forma statements reflect repayment of The Landing’s property-level debt, additional credit-facility borrowing of $249.4 million, higher interest expense, and more negative earnings per share for XRN.