home · filing · 0001567925-21-000051
8-K/A
filed July 23, 2021, 7:59 PM ET
ticker SILA
CIK 0001567925
M&A
confidence high
sentiment positive
materiality 0.90
Sila Realty Trust sells data center portfolio for $1.32B; NAV updated to $9.95
Sila Realty Trust, Inc.
Sold up to 29 data center properties to Mapletree Industrial Trust for $1.32B; net proceeds of ~$1,260.5M after costs and loan repayments.
Repaid $305.2M in property-level mortgages and $280M term loan; credit facility availability reduced accordingly.
Estimated per share NAV raised to $9.95 as of May 31, 2021, up from $8.69 (14.5% increase).
Jason C. Reed appointed Chief Administrative Officer, transitioning from Chief Investment Officer, Data Centers.
Expects special cash distribution and new distribution rate; credit facility amended to permit special distribution.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2021-07-22
Filed July 23, 2021, 7:59 PM ET
Jason C. Reed's title will be changed from Chief Investment Officer, Data Centers to Chief Administrative Officer, effective July 22, 2021.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jason C. Reed changed role as Chief Administrative Officer at Sila Realty Trust, Inc..
Action changed
Role Chief Administrative Officer
Exact text from the filing
Jason C. Reed's title will be changed from Chief Investment Officer, Data Centers to Chief Administrative Officer, effective July 22, 2021.
View on SEC.gov
Source: SEC EDGAR
accession 0001567925-21-000051
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