earnings
confidence high
sentiment neutral
materiality 0.70
GMRE Q2 AFFO $0.25/shr (+8.7% YoY); revenue $33.7M; adds $150M term loan
Chiron Real Estate Inc.
2022-Q2 EPS reported
$0.07
revenue$65,572,000
- Net income $2.2M ($0.03/shr) vs $2.6M prior year; FFO $0.24/shr, AFFO $0.25/shr.
- Revenue $33.7M, up 19.2% YoY on acquisition growth; portfolio 96.5% occupied.
- Q2 acquisitions $74.1M at 6.9% cap rate; YTD $121.3M at 7.1% cap rate.
- Credit facility: $150M delayed-draw term loan, revolver extended to Aug 2026, SOFR-based.
- Leverage 46.2%; pro-forma borrowing capacity $273M; entered $150M interest rate swaps.