Sila Realty Trust Inc. recently shared its company presentation at Nareit REITweek, highlighting key aspects of its investment strategy and financial performance. The presentation detailed the company's focus on net lease real estate investment trusts (REITs) centered around healthcare properties, boasting a portfolio of 136 properties with 5.3 million rentable square feet. The portfolio maintains a 96.0% lease rate with an average remaining lease term of 9.7 years. Financial highlights include a total real estate investment cost of $2.3 billion, a net debt leverage ratio of 26.2%, and an enterprise value of $2.0 billion. The presentation also noted an interest coverage ratio of 5.0x and a weighted average rate on outstanding debt of 4.7%. You can access the full presentation through the link below.
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