---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-080771"
form_type: "8-K"
ticker: "XRN"
cik: "0001533615"
company_name: "Chiron Real Estate Inc."
filed_at: "2026-07-06T20:30:27+00:00"
generated_at: "2026-07-06T20:32:33.930580+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Chiron Real Estate acquires SHOP assets for $249M, forms IRF JV for ~$200M, pending Pinnacle acquisition

## Summary
- Acquired The Riviera and The Landing SHOP communities in June 2026 for $249M total; Riviera 23% occupied, Landing 93% occupied.
- Sold seven Inpatient Rehab Facility (IRF) assets into a joint venture, generating ~$200M in proceeds for reinvestment.
- Pending acquisition of The Pinnacle for $176M, expected to close 2H 2026; pre-leasing at 36% (64% for IL homes).
- Q1 2026 Cash NOI of $28.8M, up from $27.5M in Q1 2025; net income decreased to $1.7M from $3.7M.
- Implied portfolio cap rate of 8.7% as of March 31, 2026; adjusted for IRF sale to 8.9%.

## SEC filing metadata
- accession: 0001104659-26-080771
- form_type: 8-K
- ticker: XRN
- cik: 0001533615
- company_name: Chiron Real Estate Inc.
- filed_at: 2026-07-06T20:30:27+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1533615/000110465926080771/0001104659-26-080771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1533615/000110465926080771/tm2619831d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-080771
- JSON: https://secwatch.observer/filing/0001104659-26-080771.json
- Plain text: https://secwatch.observer/filing/0001104659-26-080771.txt

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