Sila Realty Trust, Inc. reported the quarter ended March 31, 2026 results: net income Net income of $12.4 million, or $0.22 per diluted share, EPS $0.22 per diluted share.
“and resilient healthcare sector, today announced operating results for the first quarter ended March 31, 2026. Highlights for the quarter ended March 31, 2026: • Net income of $12.4 million, or $0.22 per diluted share • Cash net operating income*, or Cash NOI, of $46.3 million • Adjusted funds from operations*, or AFFO, of $33.5 million, or $0.61 per diluted share •”
Material Agreements
Sila Realty Trust, Inc. entered into Agreement and Plan of Merger with Sunshine Ultimate Parent LLC and Sunshine Holding REIT LLC (effective 2026-04-19).
“On April 19, 2026, Sila Realty Trust, Inc. (the “ Company ”), Sunshine Ultimate Parent LLC, a Delaware limited liability company (“ Parent ”), and Sunshine Holding REIT LLC, a Delaware limited liability company and wholly owned subsidiary of Parent (“ Merger Sub ” and, together with Parent, the “ Parent Parties ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”).”
Debt Financings
Sila Realty Trust, Inc. amended term loan of Not restated; aggregate commitments across three facilities $1,125,000,000 with Truist Bank at Not restated in excerpt maturing Not restated in excerpt.
“2029 Revolving Credit Agreement, 2027 A&R Term Loan Agreement, and 2028 Term Loan Agreement are pari passu, and, collectively, have current aggregate commitments available of $1,125,000,000. Borrowings under the 2029 Revolving Credit Agreement are guaranteed by SROP, and certain subsidiaries of the Company. The material terms of the 2029 Revolving Credit Agreement,”
Debt Financings
Sila Realty Trust, Inc. incurred revolving credit of up to $600,000,000, which may be increased to up to $1,500,000,000 with Bank of America, N.A. at Base Rate plus margin of 0.25% to 0.90% or SOFR plus margin of 1.25% to 1.90% maturing February 16, 2029.
“On February 18, 2025, Sila Realty Trust, Inc. (the “Company”), Sila Realty Operating Partnership, LP (“SROP”), and certain of the Company’s subsidiaries, entered into a senior unsecured revolving credit agreement (“2029 Revolving Credit Agreement”) with Bank of America, N.A., as Administrative Agent, for aggregate commitments available of up to $600,000,000, which may be increased, subject to lender approval, to an aggregate amount not to exceed $1,500,000,000.”
Governance Changes
Sila Realty Trust, Inc.: Amended Bylaws to allow stockholders to amend the Bylaws by majority vote, while the Board retains amendment power (effective 2024-11-18).
“On November 18, 2024, the board of directors (the “Board”) of Sila Realty Trust, Inc. (the “Company”) unanimously approved and adopted the Amended and Restated Bylaws, amended as of November 18, 2024, which became effective immediately (the “Bylaws”). The Bylaws were revised to allow the Company’s stockholders to amend the Bylaws, previously a power reserved only for the Board, by a majority of the votes entitled to be cast on the matter.”
Earnings Releases
Sila Realty Trust, Inc. reported quarter ended March 31, 2024 results: revenue $50.6 million, net income $15.0 million.
“adjusted to reflect the one-for-four reverse stock split which occurred on May 1, 2024. Highlights of the Quarter Ended March 31, 2024 vs. March 31, 2023 • Rental revenue was $50.6 million, an increase of 2%. • Net income attributable to common stockholders was $15.0 million, an increase of 5%. • Funds from operations, or FFO*, was $33.8 million, an increase of 2%.”
Jon C. Sajeski was terminated as Chief Investment Officer at Sila Realty Trust, Inc..
“on March 25, 2024, the Company notified Jon C. Sajeski, its former Chief Investment Officer, of the termination of his employment, effective immediately”
Robert R. Labenski was terminated as Chief Accounting Officer at Sila Realty Trust, Inc..
“on March 20, 2024, the Company notified Robert R. Labenski, its former Chief Accounting Officer, of the termination of his employment, effective immediately”
Governance Changes
Sila Realty Trust, Inc.: Decrease of par value of common stock from $0.04 to $0.01 per share after the reverse stock split (effective 2024-05-01).
“and the Company filed Articles of Amendment to, immediately after the Reverse Stock Split, decrease the par value of each issued and outstanding share of Common Stock from $0.04 par value per share to $0.01 par value per share (the “Par Value Charter Amendment” and together with the Split Charter Amendment, the “Charter Amendments”).”
Governance Changes
Sila Realty Trust, Inc.: One-for-four reverse stock split of common stock, effective May 1, 2024 (effective 2024-05-01).
“On April 8, 2024, Sila Realty Trust Inc. (the “Company”) filed Articles of Amendment previously approved by the Board of Directors of the Company (the “Board”) on April 5, 2024 to effect a one-for-four reverse stock split (the “Reverse Stock Split”) of each issued and outstanding share of each class of common stock, par value $0.01 per share (the “Common Stock”) of the Company, effective May 1, 2024 (the “Split Charter Amendment”)”
Christopher K. Flouhouse was appointed as Executive Vice President and Chief Investment Officer at Sila Realty Trust, Inc..
“On March 21, 2024, Christopher K. Flouhouse, 48, was appointed Executive Vice President and Chief Investment Officer of the Company, effective on or about May 6, 2024.”
Jon C. Sajeski departed as Chief Investment Officer at Sila Realty Trust, Inc..
“On March 25, 2024, the Company notified Jon C. Sajeski, its Chief Investment Officer, that his employment shall no longer be in effect as of March 25, 2024.”
Robert R. Labenski was terminated as Chief Accounting Officer at Sila Realty Trust, Inc..
“On March 20, 2024, Sila Realty Trust, Inc. (the “Company”) notified Robert R. Labenski, its Chief Accounting Officer, of the termination of his employment, effective immediately.”
Debt Financings
Sila Realty Trust, Inc. incurred term loan of $250,000,000 with Truist Bank (Administrative Agent), Truist Securities, Inc., Wells Fargo Securities LLC, BofA Securities, Inc., The Huntington National Bank, Renasant Bank, Hancock Whitney Bank maturing March 20, 2027.
“other lenders listed as lenders in the 2027 A&R Term Loan Agreement. The 2027 A&R Term Loan Agreement, which was fully funded at closing, is made up of aggregate commitments of $250,000,000, which may be increased, subject to lender approval, to an aggregate amount not to exceed $500,000,000. The 2027 A&R Term Loan Agreement has a maturity date of March 20, 2027, and,”
Earnings Releases
Sila Realty Trust, Inc. reported financial results for the quarter and year ended December 31, 2023.
“On March 6, 2024, Sila Realty Trust, Inc. (the “Company”) issued an earnings release announcing its financial results for the quarter and year ended December 31, 2023.”
M&A Transactions
Sila Realty Trust, Inc. completed a disposition involving the Board of Regents of the University of Texas System for $258.4 million (closed 2023-12-14).
“2018, and the sale was a result of the Buyer’s exercise of its option to purchase the Property provided in the Lease Agreement. The contractual sales price of the Property was $258.4 million. The Company's net proceeds from the disposition of the Property were approximately $256.8 million, after transaction costs and other pro-rations, subject to additional”
Debt Financings
Sila Realty Trust, Inc. amended credit facility of $1,055,000,000 with Truist Bank.
“Agreement, the 2024 Term Loan Agreement and the 2028 Term Loan Agreement, collectively, as the “Unsecured Credit Facility,” which has current aggregate commitments available of $1,055,000,000. On December 8, 2023, the Company, SROP, and Truist amended the Unsecured Credit Facility to address the calculation of pool availability, including (i) removing the implied debt”
Jason C. Reed was terminated as Chief Administrative Officer at Sila Realty Trust, Inc..
“On November 8, 2023, Sila Realty Trust, Inc. (the “Company”) notified Jason C. Reed, its Chief Administrative Officer, that his employment shall no longer be in effect as of, December 31, 2023.”
Earnings Releases
Sila Realty Trust, Inc. reported quarter ended September 30, 2023 results: revenue $48.5 million, net income $15.0 million.
“Rental revenue was $48.5 million, an increase of 4%. • Net income attributable to common stockholders was $15.0 million, an increase of 12%.”
Earnings Releases
Sila Realty Trust, Inc. reported financial results for second quarter ended June 30, 2023.
“On August 7, 2023, Sila Realty Trust, Inc. (the "Company") issued an earnings release announcing its financial results for the quarter ended June 30, 2023.”
Governance Changes
Sila Realty Trust, Inc.: Adopted Second Amended and Restated Bylaws with updates for MGCL, remote meeting provisions, stockholder special meeting requirements, advance notice, director voting standards, and exclusive forum provision (effective 2023-06-15).
“On June 15, 2023, the Board of Directors (the “Board”) of Sila Realty Trust, Inc. (the “Company”) approved and adopted amendments to the Company’s Amended and Restated Bylaws, effective immediately (the “Second Amended and Restated Bylaws”).”
Shareholder Votes
Sila Realty Trust, Inc. shareholders approved Ratification of appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-31 meeting.
“PROPOSAL NO. 3 — RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM The voting results with respect to the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023, were as follows: For Against Abstain 107,281,674.74 1,778,335.48 6,207,645.20”
Shareholder Votes
Sila Realty Trust, Inc. shareholders approved Non-binding advisory vote on named executive officer compensation (say-on-pay) at the 2023-05-31 meeting.
“PROPOSAL NO. 2 — NON-BINDING ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION The voting results with respect to the approval (on a non-binding, advisory basis) of the Company's named executive officer compensation were as follows: For Against Abstain Broker Non-Votes 75,061,793.33 9,378,347.10 11,925,081.99 18,902,433.00”
Shareholder Votes
Sila Realty Trust, Inc. shareholders approved Election of six directors – Z. Jamie Behar, Adrienne Kirby, Jonathan Kuchin, Verett Mims, Roger Pratt, and Michael Seton – to hold office until the 2024 Annual Meeting of Stockholders and until their successors are duly elected and qualify at the 2023-05-31 meeting.
“On May 31, 2023, the Annual Meeting was reconvened, at which the Company's stockholders (i) elected six directors – Z. Jamie Behar, Adrienne Kirby, Jonathan Kuchin, Verett Mims, Roger Pratt, and Michael Seton – to the board of directors of the Company (the "Board") to hold office until the 2024 Annual Meeting of Stockholders and until their successors are duly elected and qualify;”
Earnings Releases
Sila Realty Trust, Inc. reported the quarter ended March 31, 2023 results: revenue $49.6 million, net income $14.2 million.
“Sila Realty Trust, Inc. today announced operating results for the first quarter ended March 31, 2023. Highlights of the Quarter Ended March 31, 2023 vs. March 31, 2022 • Rental revenue was $49.6 million, an increase of 12%. • Net income attributable to common stockholders was $14.2 million, an increase of 914%.”
Earnings Releases
Sila Realty Trust, Inc. reported financial results for the quarter and year ended December 31, 2022.
“On March 16, 2023, Sila Realty Trust, Inc. (the “Company”) issued an earnings release announcing its financial results for the quarter and year ended December 31, 2022.”
Earnings Releases
Sila Realty Trust, Inc. reported the quarter ended September 30, 2022 results: revenue $46.9 million, net income $13.4 million, EPS $0.06.
“30, 2022, an increase of 9%, compared to $40.0 million for the quarter ended September 30, 2021. • Rental revenue attributable to our operating healthcare properties was $46.9 million for the quarter ended September 30, 2022, an increase of 9%, compared to $43.1 million for the quarter ended September 30, 2021. • Same store NOI attributable to our operating”
Robert R. Labenski was appointed as Chief Accounting Officer at Sila Realty Trust, Inc..
“On July 8, 2022, Robert R. Labenski, 56, was appointed Chief Accounting Officer of Sila Realty Trust, Inc. (the “Company”), effective third quarter 2022.”
Verett Mims was appointed as director at Sila Realty Trust, Inc..
“Ms. Z. Jamie Behar and Ms. Verett Mims, being added effective June 1, 2022.”
Z. Jamie Behar was appointed as director at Sila Realty Trust, Inc..
“Ms. Z. Jamie Behar and Ms. Verett Mims, being added effective June 1, 2022.”
Randall Greene resigned as director at Sila Realty Trust, Inc..
“On May 24, 2022, Mr. Greene notified the Company of his intention to resign as a director of the Company, effective as of May 31, 2022, in anticipation of the refreshment of the Board with two new members, Ms. Z. Jamie Behar and Ms. Verett Mims, being added effective June 1, 2022.”
Jamie A. Yoakum was terminated as Chief Accounting Officer at Sila Realty Trust, Inc..
“On May 12, 2022, Sila Realty Trust, Inc. (the “Company”) notified Jamie A. Yoakum, its Chief Accounting Officer, of the termination of his employment, effective immediately.”
Verett Mims was appointed as Director at Sila Realty Trust, Inc..
“On March 18, 2022, the Board appointed Z. Jamie Behar and Verett Mims as directors to fill the newly created vacancies on the Board, effective June 1, 2022.”
Z. Jamie Behar was appointed as Director at Sila Realty Trust, Inc..
“On March 18, 2022, the Board appointed Z. Jamie Behar and Verett Mims as directors to fill the newly created vacancies on the Board, effective June 1, 2022.”
Ronald Rayevich departed as Director at Sila Realty Trust, Inc..
“Randall Greene and Ronald Rayevich informed the Board of Directors (the “Board”) of Sila Realty Trust, Inc. (the “Company”) that they will not stand for reelection to the Board at the Annual Meeting of the Stockholders in 2022 (the “Annual Meeting”).”
Randall Greene departed as Director at Sila Realty Trust, Inc..
“Randall Greene and Ronald Rayevich informed the Board of Directors (the “Board”) of Sila Realty Trust, Inc. (the “Company”) that they will not stand for reelection to the Board at the Annual Meeting of the Stockholders in 2022 (the “Annual Meeting”).”
Jason C. Reed changed role as Chief Administrative Officer at Sila Realty Trust, Inc..
“On July 22, 2021, the Company announced that Jason C. Reed's title will be changed from Chief Investment Officer, Data Centers to Chief Administrative Officer, effective July 22, 2021.”
Jason C. Reed changed role as Chief Administrative Officer at Sila Realty Trust, Inc..
“Jason C. Reed's title will be changed from Chief Investment Officer, Data Centers to Chief Administrative Officer, effective July 22, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.