Sila Realty Trust Completes $43.1 Million Acquisition of Oklahoma City Inpatient Rehabilitation Facility
Sila Realty Trust Completes $43.1 Million Acquisition of Oklahoma City Inpatient Rehabilitation Facility
TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust, Inc. (NYSE: SILA) (the “Company”, “we”, or “our”), a net lease real estate investment trust (“REIT”) with a strategic focus on investing in the growing and resilient healthcare sector, today announced the $43.1 million acquisition of an inpatient rehabilitation facility (“IRF”) located in Oklahoma City, Oklahoma (the “Nobis OKC Facility”).
The Nobis OKC Facility was originally constructed in 2022 with 40-inpatient rehabilitation beds and has subsequently undergone an 18-bed, approximately 9,100 square foot expansion which was completed in January 2026. The now approximately 53,100 square foot, 58-bed facility is fully leased to and operated by Oklahoma City Rehabilitation Hospital, a wholly owned subsidiary of Nobis Rehabilitation Holdings, under a long-term absolute-net lease with a corporate guaranty. The Nobis OKC Facility is strategically and conveniently located within 10 miles of 13 hospitals totaling over 2,800 beds and competes with only three other freestanding IRFs within a 25-mile radius.
“Since opening in 2022, the Nobis OKC Facility has demonstrated its premier position in the market through above national average occupancy for freestanding inpatient rehabilitation facilities and the need to expand the bed count by 45% in such a short amount of time,” stated Michael A. Seton, President and Chief Executive Officer of the Company. “This expansion is a testament to the facility’s strategic positioning, patient centric design, and best-in-class operations, and exemplifies the characteristics of the market-dominant healthcare facilities that we like to own. Supported by a long-term lease, robust EBITDARM coverage, skilled and seasoned management, and limited competition, we believe this facility aligns very well with our strategic priorities and is positioned to provide sustained value to our shareholders for years to come.”
About Nobis Rehabilitation Partners
Nobis Rehabilitation Partners (“Nobis”) offers a variety of services to health systems and hospitals for their post-acute strategies including turnkey operations of standalone inpatient rehab facilities, joint venture partnerships, or acquisition opportunities. Drawing on extensive experience in developing, owning, and managing inpatient rehabilitation hospitals nationwide, Nobis has optimized both the design and operational processes to enhance hospital outcomes and performance. Nobis was founded in 2018 and manages a total of 16 IRFs nationwide with nine more under development.
About Sila Realty Trust, Inc.
Sila Realty Trust, Inc., headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the growing and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care in the pursuit of generating predictable, durable, and growing income streams. Sila’s portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients. As of September 30, 2025, the Company owned 140 real estate properties and three undeveloped land parcels, located in 67 markets across the United States. For more information, please visit the Company’s website at www.silarealtytrust.com.
Forward-Looking Statements
Certain statements contained herein, other than historical fact, may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provided by the same. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties. No forward-looking statement is intended to, nor shall it, serve as a guarantee of future performance. You can identify the forward-looking statements by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will” and other similar terms and phrases. Forward-looking statements are subject to various risks and uncertainties and factors that could cause actual results to differ materially from the Company’s expectations, and you should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company’s control and could materially affect the Company’s results of operations, financial condition, cash flows, performance or future achievements or events. Additional factors include those described under the section entitled Item 1A. “Risk Factors” of Part I of the Company’s 2024 Annual Report on Form 10-K, as filed with the SEC on March 3, 2025, a copy of which is available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
Contacts
Investor Contact:
Drew Miles, Senior Associate of Capital Markets and Investor Relations
833-404-4107
IR@silarealtytrust.com
