Sila Realty Trust, Inc.

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust organized as a Maryland corporation and internally managed through its operating partnership. The company owns and invests in net lease healthcare properties across the continuum of care, including medical outpatient buildings, inpatient rehabilitation facilities, and surgical and specialty facilities.

87,9 %

16,8 %

+5,7 %

— Sila Realty Trust, Inc.
%
Net lease healthcare properties95% Income-producing healthcare real estate leased on a net basis to operators across the care continuum.
Medical outpatient buildings35% Facilities used for physician practices, ambulatory care, and outpatient medical services.
Inpatient rehabilitation facilities20% Properties leased to operators providing post-acute rehabilitation and recovery services.
Surgical and specialty facilities20% Real estate used for surgical, specialty treatment, and related healthcare services.
Other real estate investments5% Equity or debt interests in other real estate entities and related investments.
Undeveloped land and redevelopment assets5% Land parcels and properties held for future use, redevelopment, or demolition.

Sila’s tenants are healthcare operators that need specialized facilities to deliver patient care across outpatient,...

  • Healthcare facility operatorsprimary

    Operators of outpatient, rehabilitation, surgical, and specialty facilities that lease real estate to support care delivery.

  • Creditworthy national and regional tenantsprimary

    Established healthcare companies that sign long-term net leases and provide more stable rent coverage.

  • Local and specialty providerssecondary

    Smaller or regional healthcare providers that need purpose-built facilities in established markets.

  • Real estate sponsors and counterpartiessecondary

    Owners or sponsors involved in acquisitions, sale-leasebacks, or other real estate-related investments.

The portfolio is primarily located throughout the continental United States, with an emphasis on geographically...

  • Primarily invested across the continental United States
  • Seeks geographically diverse, established markets
  • Location quality matters for tenant access and visibility
  • No disclosed country-level revenue breakdown in the excerpts
  • Geographic diversification reduces tenant and market concentration

Sila’s strategy is to acquire high-quality, net-leased healthcare properties leased to creditworthy tenants on...

01
Expand the healthcare net lease portfoliomedium-term

Adds durable rental income from essential healthcare facilities.

02
Maintain tenant and geographic diversificationmedium-term

Reduces exposure to operator-specific and local market disruptions.

03
Preserve balance sheet flexibilityshort-term

Supports acquisitions, distributions, and capital needs across cycles.

Sila is exposed to tenant credit risk, healthcare reimbursement and regulatory changes, and the usual risks of real...

high

Tenant bankruptcy or non-payment

Lease cash flow depends on healthcare operators meeting rent obligations.

Scope
Healthcare tenants on long-term net leases
Materiality
high
high

Healthcare reimbursement and regulation

Changes in Medicare spending or healthcare rules can weaken tenant profitability.

Scope
Operators across the care continuum
Materiality
high
medium

Interest rate and financing risk

Property acquisitions and distributions rely on debt and capital market access.

Scope
Variable-rate debt and refinancing needs
Materiality
high
medium

Property impairment and valuation decline

Lower occupancy, tenant issues, or market weakness can reduce asset values.

Scope
Individual healthcare properties
Materiality
high
medium

Macro and regulatory volatility

Inflation, tariffs, and broader economic stress can affect tenants and real estate markets.

Scope
U.S. healthcare real estate portfolio
Materiality
medium
Long-lived asset impairment
Can create non-cash write-downs that affect earnings and book value
Rental revenue recognition
Affects reported rental income and same-store comparability
Tenant collectability and credit losses
Can reduce revenue and increase provisions
Interest rate hedging
Can affect interest expense and derivative fair value marks

: 29/04/2026