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Sila Realty Trust completed the acquisition of an Arizona and Texas healthcare facilities portfolio for $86m.

Synopsis

Sila Realty Trust, a net lease real estate investment trust, completed the acquisition of an Arizona and Texas healthcare facilities portfolio for $86m. “We are pleased to announce the closing of this portfolio of properties which are emblematic of the healthcare facilities that Sila Realty Trust is focused on acquiring – high quality, well located, strong credit tenancy with healthcare system affiliations. This acquisition demonstrates our ability to source property and invest capital in what we believe to be an accretive manner to the Company while others remain on the sidelines,” Michael A. Seton, Sila Realty Trust President and CEO.

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