Community Healthcare Trust ( (CHCT) ) has released its Q1 earnings. Here is a breakdown of the information Community Healthcare Trust presented to its investors.
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Community Healthcare Trust Incorporated is a real estate investment trust specializing in income-producing properties related to outpatient healthcare services across the United States.
In its latest earnings report for the first quarter of 2025, Community Healthcare Trust reported a net income of $1.6 million, translating to $0.03 per diluted common share. The company also highlighted its funds from operations (FFO) and adjusted funds from operations (AFFO) at $0.47 and $0.55 per diluted common share, respectively.
Key financial activities during the quarter included the acquisition of a property for $9.7 million, structured as a sale-leaseback transaction, and the disposal of a building in Ohio for net proceeds of $0.6 million. The company has seven properties under definitive purchase agreements, with an expected purchase price of approximately $169.5 million, promising returns between 9.1% and 9.75%. Additionally, the company declared a quarterly dividend of $0.47 per share.
Despite a decrease in net income compared to the previous year, the company remains active in strategic acquisitions and property management, aiming to enhance its portfolio and financial performance. Management is engaged in discussions with a tenant operating geriatric psychiatric hospitals, exploring strategic alternatives, including potential sales.
Looking ahead, Community Healthcare Trust anticipates closing on several property acquisitions through 2027, although the timing and certainty of these transactions remain subject to market conditions and other factors. The company’s management remains cautiously optimistic about future growth and investment opportunities in the healthcare real estate sector.
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