Sila Realty Trust, Inc. ( (SILA) ) just unveiled an update.
On February 19, 2025, Sila Realty Trust, Inc. announced the closing of a new $600 million revolving credit facility, replacing its previous $500 million line. This new facility, with an initial term extending to February 2029, provides Sila with enhanced liquidity to support its growth objectives and demonstrates strong lender confidence in the company’s financial health and strategic direction. The arrangement includes an accordion feature allowing the facility to expand up to $1.5 billion, highlighting Sila’s commitment to long-term shareholder value.
More about Sila Realty Trust, Inc.
Sila Realty Trust, Inc. is a net lease real estate investment trust headquartered in Tampa, Florida, with a strategic focus on the healthcare sector. The company invests in high-quality healthcare facilities across the U.S., aiming to generate predictable and growing income streams from a diverse portfolio comprising 135 properties as of December 31, 2024.
YTD Price Performance: 5.71%
Average Trading Volume: 401,989
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.4B
See more data about SILA stock on TipRanks’ Stock Analysis page.