CHIRON REAL ESTATE INC (XRN)
Real Estate · Healthcare real estate investment trust · NYSE
A healthcare-focused REIT that acquires and leases medical office buildings, inpatient rehabilitation facilities, and surgical hospitals to physician groups and regional healthcare systems.
What CHIRON REAL ESTATE INC does
Chiron Real Estate Inc. (formerly Global Medical REIT Inc.) is an internally managed REIT that acquires and owns healthcare properties leased primarily to physician groups and regional/national healthcare systems under triple-net leases. As of December 31, 2025, the company owned 189 buildings with approximately 5.1 million leasable square feet generating annualized base rent of $118.8 million. The portfolio is concentrated in off-campus medical office buildings (79.1% of square footage), inpatient rehabilitation facilities, and surgical hospitals, with geographic focus on secondary markets and suburbs of primary markets.
Themes: ["healthcare real estate","medical office buildings","physician group leasing","healthcare systems tenants","secondary market healthcare facilities","REIT dividends","decentralized healthcare delivery"]
Fundamentals
- Price$36.40 as of 2026-07-09 close
- Market cap$493M as of 2026-07-10
- 1-year return+2.4% as of 2026-07-09 close
- Net margin-5.1% as of 2026-07-10
- ROE-1.5% as of 2026-07-10
- Debt / equity1.33 as of 2026-07-10
- Revenue growth (YoY)+9.7% as of 2026-07-10
- Revenue CAGR (3y)+2.6% SEC XBRL
- Beta1.13 as of 2026-07-10
Dividend: yield +9.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Geographic concentration in six states (Texas, Florida, Ohio, Arizona, Pennsylvania, Illinois) exposes the company to regional economic downturns and natural disasters that could negatively affect revenues.","Tenant credit quality and healthcare sector cyclicality risks; failure of physician groups or healthcare system tenants to meet lease obligations would impact rental revenue and profitability.","Interest rate and refinancing risk; the company carries significant debt (credit facility of $662.3 million as of March 31, 2026) and relies on leverage to fund acquisitions, making it vulnerable to rising rates and refinancing challenges."]
Competitors & peers
- Physicians Realty Trust (DOC)
- Welltower Inc. (WELL)
- Healthcare Trust, Inc. (HTIA)
- CNL Healthcare Properties
- Whitestone REIT
- Medical Properties Trust (MPW)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.