Chiron Real Estate Inc.

Chiron Real Estate Inc. announced the completion of its acquisition of The Pinnacle North Bethesda, a senior housing community, for $173.2 million. The transaction was funded through a combination of cash on hand and proceeds from the company's Credit Facility. In connection with the acquisition, Chiron Real Estate LP incurred approximately $171 million in additional indebtedness under its Third Amended and Restated Credit Facility. The company has also entered into a management agreement with Greystone Communities to manage the day-to-day operations of the property.

Chiron Real Estate Inc. reported a substantial increase in net income attributable to common stockholders to $63.3 million, or $4.78 per share, for the second quarter of 2026, compared to a net loss in the prior year period. This significant improvement was primarily driven by a $71.9 million gain from the sale of investment properties. The company also expanded its investment strategy into seniors housing communities and entered into several new joint ventures, including the IRF Joint Venture, Maple Grove Active Adult Joint Venture, and Hudson Active Adult Joint Venture.

Chiron Real Estate Inc. announced strong second quarter 2026 financial results, reporting a net income attributable to common stockholders of $63.3 million, or $4.78 per diluted share, a significant improvement from a net loss in the prior year. The company made substantial progress on its strategic priorities, completing its inaugural Seniors Housing Operating Portfolio (SHOP) acquisitions for $249 million and monetizing legacy assets through the sale of an IRF portfolio for $217 million. Chiron also strengthened its leadership team with key appointments in investment, development, and operations, and issued $100 million in preferred stock to support its growth initiatives. The company's leverage decreased to 39.9% of total gross assets.

Chiron Real Estate Inc. and Inter-American Management LLC (IAM) have appointed Matthew Whitlock, 62, as their new Chief Investment Officer, effective August 3, 2026. Concurrently, Alfonzo Leon, the former CIO, has transitioned to the role of Strategic Advisor. Mr. Whitlock brings extensive experience from Berkshire Residential Investments and CBRE, and his employment agreement includes an initial three-year term, an annual base salary of $400,000, and a target annual bonus of 100% of his base salary.

Chiron Real Estate Inc. announced key executive appointments and transitions, effective July 16, 2026. Robert Zeiller was appointed Chief Development Officer and Head of Seniors Housing, while Aaron Roseth became Chief Operating Officer. Concurrently, Danica Holley transitioned from Chief Operating Officer to Chief Administrative Officer. The company also detailed new employment agreements for these executives and General Counsel Jamie Barber, outlining their base salaries and target annual bonuses.

Chiron Real Estate Inc. updated its investor presentation, highlighting the execution of strategic priorities to reposition its portfolio for higher returns. The company completed acquisitions of inaugural Senior Housing Operating (SHOP) assets and formed a seven-asset Inpatient Rehab Facility (IRF) joint venture, which unlocked approximately $200 million in capital for redeployment. Operational updates show positive momentum with the Riviera 23% occupied and The Landing at 93% occupancy, while the Pinnacle is 36% pre-leased.

Chiron Real Estate Inc. announced the completion of the sale of a portfolio of seven inpatient rehabilitation hospital properties for an aggregate purchase price of $217.0 million. The Company, through its subsidiaries, entered into an Agreement of Purchase and Sale on June 26, 2026, and completed the sale on June 29, 2026. Following the transaction, Chiron Real Estate Inc. retains a 15% ownership interest in the joint venture that acquired the properties, with a U.S. public pension fund holding the remaining 85%. The transaction resulted in an estimated gain on sale of $70.748 million and net proceeds of $194.871 million.

Chiron Real Estate Inc. announced the completion of two significant acquisitions: The Landing Alexandria and The Riviera Alexandria, both senior housing communities in Alexandria, Virginia. The total purchase price for these acquisitions was $248.9 million. The company also reported the creation of a new class of Series C Convertible Preferred Units within its Operating Partnership and the completion of a $100 million private placement of Series C Preferred Stock. Additionally, Chiron Real Estate Inc. incurred approximately $147 million in new debt under its Credit Facility to help fund these transactions.

Chiron Real Estate Inc. announced the appointment of Charles Fitzgerald to its Board of Directors, effective May 20, 2026, increasing the board to seven members. Mr. Fitzgerald, with nearly 30 years of real estate investment experience, will serve on the Compensation and Nominating and Corporate Governance Committees. Additionally, the company's stockholders approved amendments to the 2016 Equity Incentive Plan, extending its term and increasing reserved shares. The Board also declared second-quarter cash dividends for its Series A and Series B Preferred Stock.

Chiron Real Estate Inc. has entered into an Investment Agreement for a private placement of up to $100.0 million in 6.00% Series C Convertible Perpetual Preferred Stock with Maewyn XRN LP and other purchasers. The company will issue 1,000,000 shares at $100.00 each, with an initial funding of at least $25.0 million expected by June 20, 2026, and subsequent tranches until November 6, 2026. The proceeds will be used for general business, working capital, and potential acquisitions. In connection with this, an Investor Rights Agreement grants Maewyn XRN LP a board nomination right, certain consent rights, and imposes standstill restrictions.