Global Medical REIT Inc ( (GMRE) ) has released its Q2 earnings. Here is a breakdown of the information Global Medical REIT Inc presented to its investors.
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Global Medical REIT Inc. is a real estate investment trust specializing in acquiring and leasing healthcare facilities to physician groups and healthcare systems.
In its second quarter of 2025, Global Medical REIT Inc. reported a net loss attributable to common stockholders of $0.8 million, a significant improvement from the $3.1 million loss in the same period last year. The company also completed the acquisition of a $69.6 million five-property medical portfolio, enhancing its asset base.
Key financial metrics for the quarter included funds from operations (FFO) of $14.3 million and adjusted funds from operations (AFFO) of $16.6 million, both showing slight increases from the prior year. The company’s rental revenue rose by 10.7% year-over-year to $37.9 million, driven by recent acquisitions. Additionally, the appointment of Mark Decker, Jr. as CEO marks a strategic leadership change.
Looking ahead, Global Medical REIT Inc. reaffirms its full-year 2025 AFFO guidance, indicating stable expectations despite market uncertainties. The company is actively working on refinancing its credit facility obligations, with plans to complete these transactions by the fourth quarter of 2025.