Community Healthcare Trust ( (CHCT) ) has released its Q2 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 that specializes in owning income-producing properties related to outpatient healthcare services across the United States. As of June 30, 2025, the company held investments in 200 properties spanning 36 states.
In its latest earnings report for the second quarter of 2025, Community Healthcare Trust reported a net loss of $12.6 million, or $0.50 per diluted share. Despite the loss, the company managed to achieve funds from operations (FFO) and adjusted funds from operations (AFFO) of $0.23 and $0.50 per diluted share, respectively.
Key factors impacting the financial results included a $1.7 million reserve on interest receivable and an $8.7 million credit loss reserve related to a geriatric behavioral hospital tenant. Additionally, the termination of a former executive led to $5.9 million in severance and transition-related charges. On the acquisition front, the company completed the purchase of a behavioral specialty facility and an inpatient rehabilitation facility, both with long-term leases and expected returns exceeding 9%.
Looking ahead, Community Healthcare Trust has six properties under definitive purchase agreements, with anticipated closures spanning 2025 to 2027. The company remains focused on expanding its portfolio while navigating the challenges posed by its current financial position and market conditions.