secwatch.observer — SEC 8-K summary
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Issuer:     Chiron Real Estate Inc. (XRN)
CIK:        0001533615
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001104659-24-086337
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Medical REIT Q2 net loss $3.1M; Steward risk; $30.8M acquisition closed
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- Net loss attributable to common stock of $3.1M ($0.05/diluted) vs income $11.8M ($0.18) Q2 2023; includes $3.4M loss on sale.
- FFO $13.9M ($0.20/share) and AFFO $15.7M ($0.22/share) vs $14.7M ($0.21) and $15.9M ($0.23) YoY.
- Entered agreement to acquire 15-property portfolio for $80.3M; closed first tranche (5 properties) for $30.8M in July; second tranche expected Q4 2024.
- Tenant Steward Health Care (2.8% of ABR) filed Chapter 11; rent received for June–August, but no assurance of full recovery.
- Portfolio occupancy 96.2%; leverage 43.8%; dividend unchanged at $0.21/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533615/000110465924086337/0001104659-24-086337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533615/000110465924086337/tm2420912d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-086337

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