other material
confidence high
sentiment positive
materiality 0.55
Sila Realty sells Yucca Valley facility for $1.7M, leases El Segundo to UC Regents, enters $250M swaps
Sila Realty Trust, Inc.
- Sold Yucca Valley Healthcare Facility for $1.7M; net proceeds $1.6M after transaction costs.
- Entered 10-year triple-net lease with UC Regents for El Segundo Healthcare Facility; two 5-year renewal options.
- Entered four interest rate swaps with aggregate notional $250M, weighted avg fixed rate 3.76%, maturing March 20, 2029.
- New swaps replace five swaps with $250M notional maturing Dec 31, 2024, effective Dec 31, 2024.