Profile
Sector:
Real EstateIndustry:
Healthcare FacilitiesCountry:
United StatesIPO:
13 June 2024Website:
http://silarealtytrust.comNext earnings report:
08 November 2024Last dividends:
30 September 2024Next dividends:
N/APrice
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SILA Latest News
Sila Realty Trust, a newly-listed REIT, shows strong fundamentals and is well-positioned for growth, making it a compelling investment before the market catches on. Their balance sheet puts them in a favorable position compared to peers, with a low net debt to EBITDA of 3.1x and no debt maturing until 2027. Despite a recent 5% share price decline due to tenant issues, particularly GenesisCare & Steward Health, SILA's overall performance in the first half of the year remains solid.
Sila Healthcare reported its first public quarter, addressing concerns post-listing. Impacts from Genesis and Stewart bankruptcies detailed, with plans to sell remaining properties. Management expects growth in net asset value, acquisitions at prevailing market cap rates, and potential index inclusion to drive the stock higher.
TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust Announces Second Quarter 2024 Results.
What type of business is Sila Realty Trust?
Sila Realty Trust, Inc. is a net lease real estate investment trust headquartered in Tampa, Florida, with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams. Our portfolio is comprised of high quality tenants in geographically diverse facilities which are positioned to capitalize on the dynamic delivery of healthcare to patients. As of December 31, 2023, the Company owned 131 real estate properties and two undeveloped land parcels located in 62 markets across the United States.
What sector is Sila Realty Trust in?
Sila Realty Trust is in the Real Estate sector
What industry is Sila Realty Trust in?
Sila Realty Trust is in the Healthcare Facilities industry
What country is Sila Realty Trust from?
Sila Realty Trust is headquartered in United States
When did Sila Realty Trust go public?
Sila Realty Trust initial public offering (IPO) was on 13 June 2024
What is Sila Realty Trust website?
https://silarealtytrust.com
Is Sila Realty Trust in the S&P 500?
No, Sila Realty Trust is not included in the S&P 500 index
Is Sila Realty Trust in the NASDAQ 100?
No, Sila Realty Trust is not included in the NASDAQ 100 index
Is Sila Realty Trust in the Dow Jones?
No, Sila Realty Trust is not included in the Dow Jones index
When was Sila Realty Trust the previous earnings report?
No data
When does Sila Realty Trust earnings report?
The next expected earnings date for Sila Realty Trust is 08 November 2024