M&A
confidence high
sentiment neutral
materiality 0.75
Chiron Real Estate sells seven rehab hospitals for $217M, retains 15% JV interest
Chiron Real Estate Inc.
- Sold seven inpatient rehabilitation hospitals in PA, AZ, TX, NV, OK for $217M; closed June 29, 2026.
- Company retains 15% interest in joint venture; U.S. public pension fund holds 85%.
- Estimated net cash proceeds of $194.9M after closing costs, transaction costs, and JV investment.
- Pro forma shows estimated gain on sale of $70.7M; assets removed from consolidation.
- Pro forma net income attributable to common stockholders for FY2025 rises to $43.6M from $(12.1M) historical.