secwatch.observer — SEC 8-K summary
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Issuer:     Chiron Real Estate Inc. (XRN)
CIK:        0001533615
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001104659-23-068310
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Medical REIT updates investor presentation with portfolio data as of March 31, 2023
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- Portfolio occupancy 97%, weighted average lease term 6.0 years, 188 buildings, 274 tenants.
- Dividend yield 9.4% based on $8.89 stock price; annual dividend $0.85 per share in 2022.
- Total gross debt $701M, 80% fixed rate, weighted average interest rate 4.28%, maturity 3.7 years.
- Unutilized revolver capacity $252M and common equity ATM capacity $298M.
- Acquisition cap rate target 7.5%-8.0%; weighted average cap rate 7.8% on $1.5B gross real estate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533615/000110465923068310/0001104659-23-068310-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533615/000110465923068310/tm2317833d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-068310

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