Sila Realty Q4 Net Income $5M, AFFO $30.4M and $0.40 Dividend
Sila Realty Trust reported Q4 net income of $5.0 million, cash NOI of $44.0 million and AFFO of $30.4 million while declaring a $0.40 per share distribution. In 2025 it earned $33.1 million net income, achieved $120.9 million AFFO and invested $148.9 million to acquire six healthcare properties.
1. Q4 2025 Financial Results
Sila generated net income of $5.0 million, or $0.09 per diluted share, in the fourth quarter. Cash NOI rose to $44.0 million and AFFO reached $30.4 million, underpinning a cash distribution of $0.40 per share.
2. Full Year 2025 Highlights
For the year ended December 31, 2025, Sila earned net income of $33.1 million ($0.60 per diluted share), delivered cash NOI of $169.9 million and AFFO of $120.9 million ($2.18 per diluted share). The company declared annual distributions totaling $1.60 per share.
3. Investment and Portfolio Activity
During 2025, Sila acquired six operating healthcare properties totaling approximately 241,000 rentable square feet for $148.9 million and funded mezzanine loans totaling $17.5 million for new facilities in Virginia. The portfolio now comprises 140 properties with 5.3 million rentable square feet and a weighted average lease term of 10 years.
4. Capital Position and Dividend Authorization
As of December 31, 2025, Sila held nearly $500 million in liquidity and maintained a net debt to annualized EBITDAre ratio of 3.9x. The Board authorized a quarterly dividend of $0.40 per share payable on March 18, 2026, to holders of record as of March 6, 2026.