secwatch.observer — SEC 8-K summary
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Issuer:     Chiron Real Estate Inc. (XRN)
CIK:        0001533615
Form:       8-K/A
Filed at:   2026-08-17T20:51:12+00:00
Accession:  0001104659-26-097910
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chiron completes $248.9M acquisition of two Alexandria senior housing communities
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- The Landing Alexandria acquired for $130M; The Riviera Alexandria for $118.9M, both in Alexandria, VA.
- Riviera opened March 2026; occupancy 9% at 3/31/26, 18% at 6/1/26; 23 leased units at avg rent $11,860/mo.
- Riviera operating loss of $1.9M for five months ended June 1, 2026; expects yield-on-cost >7% upon stabilization in H2 2028.
- Landing posted net loss of $32K in Q1 2026 and $2.544M for FY2025; 163 homes across IL/AL/memory care.
- Pro forma financials filed; Deloitte audited Landing and Riviera statements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533615/000110465926097910/0001104659-26-097910-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533615/000110465926097910/tm2623392d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-097910

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