Companies

Global Medical REIT Inc

NYSE: GMRE

About Global Medical REIT

Chiron Real Estate Inc. (NYSE: XRN) is a real estate investment trust (REIT) focused on investing in the future of healthcare. The company's portfolio consists of 189 properties totaling approximately 5.1 million leasable square feet, generating $115.3 million in annualized cash NOI. The portfolio includes single-tenant outpatient medical facilities, multi-tenant outpatient buildings, inpatient rehabilitation facilities, acute/surgical hospitals, long-term acute care hospitals, and behavioral health facilities. Chiron's tenants include major healthcare operators such as Lifepoint Health, Encompass Health, Memorial Health, Trinity Health, and Tenet Healthcare. The company is actively transitioning from a yield-focused net lease REIT into a growth-oriented healthcare REIT, with its inaugural seniors housing operating properties (SHOP) acquisitions targeting the luxury senior living segment in the Washington, DC metropolitan area. The portfolio is geographically diversified across the United States with concentrations in Texas, Florida, Ohio, Arizona, and Pennsylvania, with 93% of annualized base rent derived from absolute net or triple net leases and a weighted average lease term of 5.1 years. Updated

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Frequently Asked Questions

What does Global Medical REIT do?

Chiron Real Estate Inc. (NYSE: XRN) is a real estate investment trust (REIT) focused on investing in the future of healthcare. The company's portfolio consists of 189 properties totaling approximately 5.1 million leasable square feet, generating $115.3 million in annualized cash NOI.