Sila Realty Trust completes acquisition of two-property rehabilitation facility

Sila Realty Trust (SILA) announced the $70.3M acquisition of two inpatient rehabilitation facilities located in Plano, Texas, and Peoria, Arizona. The Properties are comprised of over 100,000 aggregate square feet of newly built and highly utilized inpatient rehabilitation facilities located within two of the top ten largest and fastest growing metropolitan statistical areas in the United States. Both the Plano Facility and the Peoria Facility demonstrate robust demand through high census data, offering comprehensive inpatient care with 48 and 40 licensed beds at each facility, respectively. The Reunion Healthcare Facilities are leased to Reunion Rehabilitation Hospitals, in partnership with Nobis Rehabilitation Partners, who serves as the exclusive manager and operator for the Reunion branded facilities. Both of the Reunion Healthcare Facilities were constructed and opened in 2023, and through strategic positioning, benefit from the proximity to several prominent acute care hospitals that serve as the primary referral sources.