---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-058072"
form_type: "8-K"
ticker: "XRN"
cik: "0001533615"
company_name: "Chiron Real Estate Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T18:03:31.876416+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GMRE Q1 net income $0.8M, AFFO $0.23/share; Steward Health Care files Chapter 11

## Summary
- Net income $0.8M ($0.01/diluted share); FFO $14.9M ($0.21/unit); AFFO $16.5M ($0.23/unit).
- Rental revenue $35.1M, down 3% YoY due to 2023 property dispositions.
- Steward Health Care (2.8% of ABR) filed Chapter 11; $0.5M receivable at risk.
- Entered agreement to buy 15-property portfolio for $81.3M, closing in H2 2024.
- Leverage flat at 44.0%; quarterly common dividend maintained at $0.21/share.

## SEC filing metadata
- accession: 0001104659-24-058072
- form_type: 8-K
- ticker: XRN
- cik: 0001533615
- company_name: Chiron Real Estate Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1533615/000110465924058072/0001104659-24-058072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1533615/000110465924058072/tm2413733d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-058072
- JSON: https://secwatch.observer/filing/0001104659-24-058072.json
- Plain text: https://secwatch.observer/filing/0001104659-24-058072.txt

## Key facts
- Earnings Releases
  Chiron Real Estate Inc. reported the three months ended March 31, 2024 results: revenue $35.1 million, net income $0.8 million, EPS $0.01 per diluted share.
  - Period: the three months ended March 31, 2024
  - Revenue: $35.1 million
  - Net income: $0.8 million
  - EPS: $0.01 per diluted share
  - Result: reported results
  source text: prior year period. · Portfolio leased occupancy was 96.4% at March 31, 2024. Financial Results Rental revenue for the first quarter 2024 decreased 3.0% year-over-year to $35.1 million, primarily reflecting the impact of the Company’s property dispositions that were completed during 2023. Total expenses for the first quarter were $32.8 million, compared to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1533615/000110465924058072/0001104659-24-058072-index.htm

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