---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-086866"
form_type: "8-K"
ticker: "XRN"
cik: "0001533615"
company_name: "Chiron Real Estate Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T13:19:18.628770+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Global Medical REIT Q2 net income $11.8M; core FFO/AFFO down YoY; reduces leverage to 44.5%

## Summary
- Net income $11.8M ($0.18/diluted) vs $2.2M ($0.03) in prior year; includes $12.8M gain on sale.
- FFO $14.7M ($0.21/share) vs $16.4M ($0.24); AFFO $15.9M ($0.23) vs $17.6M ($0.25); both down YoY.
- Revenue $36.4M, +7.9% YoY; portfolio leased occupancy 97%.
- Sold four MOB portfolio in Oklahoma City for $66M gross; used proceeds to cut variable-rate debt; leverage 44.5%.
- Acquired two MOBs in Redding, CA for $6.7M at 7.6% cap rate.

## SEC filing metadata
- accession: 0001104659-23-086866
- form_type: 8-K
- ticker: XRN
- cik: 0001533615
- company_name: Chiron Real Estate Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1533615/000110465923086866/0001104659-23-086866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1533615/000110465923086866/tm2322691d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-086866
- JSON: https://secwatch.observer/filing/0001104659-23-086866.json
- Plain text: https://secwatch.observer/filing/0001104659-23-086866.txt

## Key facts
- Earnings Releases
  Chiron Real Estate Inc. reported the six months ended June 30, 2023 results: revenue $72.6 million, net income $12.5 million, EPS $0.19 per diluted share.
  - Period: the six months ended June 30, 2023
  - Revenue: $72.6 million
  - Net income: $12.5 million
  - EPS: $0.19 per diluted share
  - Result: reported results
  source text: or $0.45 per share and unit, as compared to $34.4 million, or $0.49 per share and unit, in the comparable prior year period. · Increased total revenue 10.7% year-over-year to $72.6 million, primarily driven by the Company’s acquisition activity during and since the comparable prior year period and the performance of its portfolio. · Through June 30, 2023, inclusive
  evidence_url: https://www.sec.gov/Archives/edgar/data/1533615/000110465923086866/0001104659-23-086866-index.htm
- Earnings Releases
  Chiron Real Estate Inc. reported the three months ended June 30, 2023 results: revenue $36.4 million, net income $11.8 million, EPS $0.18 per diluted share.
  - Period: the three months ended June 30, 2023
  - Revenue: $36.4 million
  - Net income: $11.8 million
  - EPS: $0.18 per diluted share
  - Result: reported results
  source text: or $0.23 per share and unit, as compared to $17.6 million, or $0.25 per share and unit, in the comparable prior year period. · Increased total revenue 7.9% year-over-year to $36.4 million, primarily driven by the Company’s acquisition activity during and since the comparable prior year period and the performance of its portfolio. · In April 2023, completed the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1533615/000110465923086866/0001104659-23-086866-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.