100% Rent Collection
The company collected 100% of its contractual rents for the quarter, indicating strong lease performance and tenant stability.
Significant Revenue Growth
Total revenue for Q1 2025 was $37.3 million, up from $27.8 million in the same period last year, representing a 34.1% year-over-year increase.
AFFO Growth
AFFO for Q1 2025 was $16.8 million, up from $13.1 million a year ago, representing a 28% increase.
Completion of Multiple Acquisitions
The company completed the acquisition of multiple healthcare facilities, leading to an increase in annual rents and expansion of its portfolio.
Adjusted EBITDA Increase
Adjusted EBITDA for Q1 2025 came in at $30.4 million compared to $21.4 million in Q1 2024, marking a 42% year-over-year increase.