Solid Financial Performance
Sila delivered solid results in Q1 2025 with cash NOI of $41.2 million, a 0.5% increase from the previous quarter, driven by lease escalations and strategic acquisitions.
Strong Balance Sheet
Sila maintained a strong financial position with a leverage ratio of 3.5x net debt-to-EBITDAre and $598 million in liquidity, supported by a new $600 million revolving line of credit.
Strategic Acquisitions
Completed two acquisitions totaling approximately $59 million, expanding the portfolio into new markets in Tennessee and Delaware with high-quality, purpose-built healthcare facilities.
High Tenant Coverage Ratios
Reported a strong tenant EBITDARM coverage ratio of 5.3x, indicating a solid credit quality and financial strength of the tenant base.