Financial PerformanceA 1.6% year-over-year normalized FFOps decline is implied in 2024, followed by a 5.3% decrease in 2025 due to an interest rate swap expiration.
Portfolio ConcentrationSILA has relatively high portfolio concentration, with significant exposure to a few tenants and a large portion of revenue from Texas.
Tenant IssuesHealthcare REITs have faced greater-than-expected tenant issues despite a healthy US economy, which poses a risk to Sila Realty Trust.