Overview
- Blue Owl–managed funds agreed Monday to buy Sila Realty Trust for $30.38 per share in cash, valuing the healthcare landlord at about $2.4 billion.
- The offer represents roughly a 19% premium to Sila’s April 17 closing price, lifting the stock near the bid when markets opened.
- Sila’s board unanimously approved the transaction, with closing targeted for the second or third quarter pending a shareholder vote and a delisting that will take the company private.
- Sila owns 137 outpatient and healthcare properties across 65 U.S. markets, with 97.8% occupancy and average remaining lease terms of about 10 years.
- Blue Owl, which manages about $307 billion, is extending its real‑estate push beyond recent data‑center and tech financings as buyers with cash pursue discounted public REITs after a pickup in sector dealmaking.