SILA at a glance
Sila Realty Trust, Inc. (SILA, SEC CIK 1567925) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on May 8, 2026, an 8-K current report on July 1, 2026 and Form 4 insider filings as recently as July 1, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Sila Realty Trust, Inc. (SILA) reported revenue of $197.5 million (up 5.7% from FY2024) and net income of $33.1 million. Diluted EPS was $0.60.
- As of June 30, 2026, 24 institutional investment managers tracked by SignalX reported holding Sila Realty Trust, Inc. (SILA) shares worth $468.6 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $197.5M
- +5.7% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 24 funds
- $468.6M · −1 vs prior quarter
- Latest 8-K
- Jul 1, 2026
- Item 2.01 · Item 5.01 · Item 3.03 · Item 5.03 · Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Net lease healthcare-focused REIT investing in outpatient, inpatient rehabilitation, surgical, and specialty healthcare properties
- New developments 2025: Purchased six healthcare properties for $148.9M; originated mezzanine loans totaling $17.5M; launched $600M revolving credit line; started $75M share repurchase program
- Strategic shift: Public listing on NYSE under ticker "SILA" as of June 13, 2024, enhancing capital market access and liquidity
- Quantitative metric: Portfolio grown to 140 properties plus three land parcels; 2025 rental revenue with key tenant PAM Health at $31.6M (16.1% of revenue)
- Noteworthy fact: Authorized an ATM equity offering agreement for up to $250M shares to fund future growth and ongoing flexibility
Risk Factors
- Tenant bankruptcy risk under US Bankruptcy Code, impairing collection of pre-bankruptcy rents and reducing cash flow from leases including 16.1% revenue exposure to PAM Health
- Geographic concentration risk: 9.6% of rental revenue from Dallas area, exposing portfolio to regional economic downturn or natural disasters
- Dependence on tenant lease renewals with 22.1% of annualized base rent expiring within 5 years risking vacancies and rental income loss
- Competitive risk from telemedicine expansion and private equity healthcare providers threatening demand for healthcare properties and tenant rent payments
- Credit risk from 59.4% of rental revenue derived from below investment grade or unrated tenants increasing default probability and financing costs
Management Discussion & Analysis
- Total revenue $197.5M, up 5.7% YoY from $186.9M driven by same store rental revenue increase of $5.4M (3.4%) and acquisitions
- Operating expenses $132.6M, up 4.1% YoY, same store rental expenses up 2.3%, general & admin expenses down 17.5% to $20.9M
- Impairment losses $9.95M vs $1.21M prior year, primarily due to vacancies and lease terminations; depreciation up 2.9% to $76.9M
- Best performing segment: same store rental revenue $161.9M up 3.4% with strong leasing activity; worst: impairment losses sharply increased to $9.95M
- Cash $32.3M, repurchased 304,878 shares for $7.3M; no shares repurchased under new $75M SRP in 2025; capex includes $9.1M Dover Healthcare expansion
- Management expects sufficient liquidity for next 12 months from operations, credit facility, and equity offerings; interest expense up 54.5% due to higher rates
- Key risks: elevated interest rates impacting borrowing costs and asset values, tenant financial health affected by healthcare legislation (OBBBA) and inflation
AI summary of the SILA 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Mar 31, 2026
Management Discussion & Analysis
- Total revenue $52.665M, up 9.1% YoY from $48.256M
- Rental revenue $52.060M, up 7.9% YoY; non-same-store rental revenue up 432.3% to $4.876M
- Operating expenses $31.910M, down 4.2% YoY; interest expense up 23.5% to $9.044M
- Portfolio occupancy 98.7% vs 96.0% YoY; same-store rental revenue down 0.1% to $43.119M
- Cash $30.778M; $293.734M expected cash requirements over next twelve months
- Outlook: merger expected closing second or third quarter 2026; elevated rates, tariffs, inflation, and tenant Medicaid exposure remain headwinds
Risk Factors
- New merger risk triggered by April 19, 2026 agreement with Sunshine Ultimate Parent LLC
- Merger restrictions limiting acquisitions, property dispositions, capital expenditures, and indebtedness
- Stockholder approval requires majority of all votes entitled to be cast
- Termination fee up to approximately $55.7 million could discourage competing acquisition proposals
- Merger-related litigation could impose substantial costs and delay or prevent closing
AI summary of the SILA 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.01: Completion of Acquisition or Disposition of Assets
- Merger closed, triggering full board turnover at Sila Realty Trust
- Six pre-merger directors resigned, with no reported disagreements over operations, policies or practices
Item 5.01: Changes in Control of Registrant
- Control-change item incorporates the filing’s Introductory Note and Items 2.01, 3.01, 3.03, 5.02, and 5.03
- Investor impact depends on the related acquisition, exchange status, governance, management, and charter disclosures in those incorporated sections
Item 3.03: Material Modification to Rights of Security Holders
- Common shares cancelled at merger effective time and converted into per-share merger consideration
- Shares held by Parent, Merger Sub, and wholly owned subsidiaries cancelled without merger consideration
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Merger effective; Sila Realty Trust ceased to exist as a standalone company
- Merger subsidiary became the surviving entity, changing the company’s legal identity
Item 7.01: Regulation FD Disclosure
- Exhibit 99.1 excluded from Section 18 filing liability protections
- No substantive Regulation FD disclosure included in the provided text
Item EX-99.1: Item EX-99.1
- Blue Owl funds completed Sila’s acquisition, ending Sila’s status as an independent public REIT
- Sila shareholders received $30.38 cash per share, approximately 19% above April 17 closing price
Item 5.07: Submission of Matters to a Vote of Security Holders
- Merger proposal approved: 34,955,162 votes for versus 325,441 against
- Transaction advances under April 19, 2026 merger agreement with Sunshine Holding REIT LLC and Sunshine Ultimate Parent LLC
Item 8.01: Other Events
- Merger vote scheduled June 26, 2026; shareholder approval remains a key closing condition
- Two lawsuits and 15 demand letters allege proxy disclosure deficiencies, creating litigation and timing risk
AI summaries of SILA 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for SILA
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- Fund moves. Which tracked funds opened, added or cut SILA, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Mims Verett Ann | D | Jul 1, 2026 | 14,795 | $30.38 |
| Neely Kay C. | D | Jul 1, 2026 | 131,297 | $30.38 |
| Seton Michael A | D | Jul 1, 2026 | 290,310 | $30.38 |
| Kuchin Jonathan | D | Jul 1, 2026 | 30,376 | $30.38 |
| Behar Z Jamie | D | Jul 1, 2026 | 14,795 | $30.38 |
| Pratt Roger Sherwood | D | Jul 1, 2026 | 22,442 | $30.38 |
| Kirby Adrienne | D | Jul 1, 2026 | 17,053 | $30.38 |
| Seton Michael A | A | Feb 4, 2026 | 43,185 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $189.1M | $186.9M | $197.5M | |
| Net Income | $24.0M | $42.7M | $33.1M | |
| Net Margin | 12.7% | 22.8% | 16.8% | |
| Balance Sheet | ||||
| Total Assets | $2.1B | $2.0B | $2.1B | |
| Equity | $1.5B | $1.4B | $1.3B | |
| ROE | 1.6% | 3.0% | 2.5% | |
| Per Share | ||||
| EPS | $0.10 | $0.75 | $0.60 | |
| Cash Flow | ||||
| Operating CF | $128.9M | $132.8M | $119.1M | |
Source: XBRL data in Sila Realty Trust, Inc. (SILA)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate SILA share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 24 | $468.6M |
| Q1 2026 | 25 | $408.7M |
| Q4 2025 | 23 | $421.1M |
| Q3 2025 | 24 | $425.2M |
| Q2 2025 | 22 | $382.5M |
| Q1 2025 | 18 | $247.3M |
| Q4 2024 | 15 | $189.5M |
| Q3 2024 | 12 | $75.5M |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 163 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SILA filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Jul 1, 2026 | - | - | - |
| 8-K | Jul 1, 2026 | - | Analysis | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 8-K | Jun 26, 2026 | - | Analysis | - |
| 8-K | Jun 17, 2026 | - | Analysis | - |
| 10-Q | May 8, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 7, 2026 | - | Analysis | |
| SC 13G | Apr 30, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 8-K | Apr 20, 2026 | - | Analysis | - |
| 10-K | Feb 25, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Feb 24, 2026 | - | Analysis | - |
| 4 | Feb 6, 2026 | - | - | |
| 4 | Feb 6, 2026 | - | - | |
| 4 | Jan 6, 2026 | - | - | |
| 4 | Jan 6, 2026 | - | - | |
| 10-Q | Nov 5, 2025 | Sep 30, 2025 | Analysis | |
| 10-Q | Aug 7, 2025 | Jun 30, 2025 | - | |
| SC 13G | Jul 17, 2025 | - | - | |
| 10-Q | May 9, 2025 | Mar 31, 2025 | - |
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SILA SEC filings: frequently asked questions
Which institutions hold SILA stock?
As of June 30, 2026, the largest Sila Realty Trust, Inc. (SILA) holders among the 13F filers tracked by SignalX were BlackRock ($117.6 million), Vanguard Portfolio Management LLC ($87.9 million), Vanguard Capital Management LLC ($74.3 million), State Street Corp ($42.1 million), Millennium Management ($37.8 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SILA's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Sila Realty Trust, Inc. (SILA) reported revenue of $197.5 million (up 5.7% from FY2024) and net income of $33.1 million. Diluted EPS was $0.60. The figures come from the XBRL data in the 10-K.
What are the main risks in SILA's latest 10-K?
In the 10-K filed February 25, 2026, Sila Realty Trust, Inc. (SILA) flagged: Tenant bankruptcy risk under US Bankruptcy Code, impairing collection of pre-bankruptcy rents and reducing cash flow from leases including 16.1% revenue exposure to PAM Health. Geographic concentration risk: 9.6% of rental revenue from Dallas area, exposing portfolio to regional economic downturn or natural disasters. (AI summary of the Risk Factors section.)
What did SILA report in its latest 8-K?
Sila Realty Trust, Inc. (SILA) filed an 8-K on July 1, 2026 reporting Item 2.01 (Completion of Acquisition or Disposition of Assets), Item 5.01 (Changes in Control of Registrant), Item 3.03 (Material Modification to Rights of Security Holders), Item 5.03 (Amendments to Articles of Incorporation or Bylaws) and Item 7.01 (Regulation FD Disclosure). Merger closed, triggering full board turnover at Sila Realty Trust.
What are the latest SILA SEC filings?
Sila Realty Trust, Inc. (SILA) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on May 8, 2026, an 8-K current report on July 1, 2026 and a Form 4 insider filing on July 1, 2026.
What is SILA's SEC CIK number?
Sila Realty Trust, Inc. (SILA)'s SEC Central Index Key (CIK) is 1567925. EDGAR lists every SILA filing under that number.
Ask anything about SILA
The research agent reads SILA's filings, financials, insider trades and 13F holders, then answers with sources.