secwatch.observer — SEC 8-K summary
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Issuer:     Chiron Real Estate Inc. (XRN)
CIK:        0001533615
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001104659-22-085665
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GMRE Q2 AFFO $0.25/shr (+8.7% YoY); revenue $33.7M; adds $150M term loan
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533615/000110465922085665/0001104659-22-085665-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533615/000110465922085665/tm2222368d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-085665

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer