Sila Realty Trust, Inc. ( (SILA) ) has released its Q2 earnings. Here is a breakdown of the information Sila Realty Trust, Inc. presented to its investors.
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Sila Realty Trust, Inc., based in Tampa, Florida, is a net lease real estate investment trust focusing on the healthcare sector, investing in high-quality healthcare facilities across the United States. In its second quarter of 2025, Sila Realty Trust reported a net income of $8.6 million, translating to $0.15 per diluted share, alongside a cash net operating income of $41.9 million and adjusted funds from operations of $30.0 million. The company declared a cash distribution of $0.40 per share for the quarter and completed acquisitions, including an inpatient rehabilitation facility in Dover, Delaware, and two medical outpatient buildings in Southlake, Texas.
Sila Realty Trust’s financial performance highlights include a notable increase in net income compared to the previous year, driven by strategic acquisitions and positive leasing spreads. The company maintained a strong balance sheet with approximately $568.8 million in liquidity and a low net debt to enterprise value ratio of 29.8%. The board also authorized a share repurchase program of up to $75 million over three years, reflecting confidence in the company’s intrinsic value.
The company’s real estate portfolio, as of June 30, 2025, comprised 136 properties with a high occupancy rate of 99.2%. The weighted average remaining lease term was approximately 9.5 years, with a fixed rent escalation rate of 2.2%. Despite challenges such as the Steward Healthcare bankruptcy affecting some properties, Sila Realty Trust continues to focus on necessity-based healthcare solutions and strategic partnerships to drive growth.
Looking ahead, Sila Realty Trust remains optimistic about its ability to capitalize on the dynamic healthcare market, leveraging its strategic focus on high-quality, net-lease healthcare properties. The company’s management is committed to continuing its disciplined investment approach to enhance shareholder value and sustain growth in the long term.
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