On September 8, Sila Realty Trust, Inc. announced the $70.3 million acquisition of two inpatient rehabilitation facilities located in Plano, Texas and Peoria, Arizona.
The properties are comprised of more than 100,000 aggregate square feet. The facilities are leased to Reunion Rehabilitation Hospitals, in partnership with Nobis Rehabilitation Partners, which serves as the exclusive manager and operator for the Reunion branded facilities. Both buildings were built and opened in 2023, and through strategic positioning, benefit from the proximity to several prominent acute care hospitals that serve as the primary referral sources.
Sila Realty Trust is a net lease real estate investment trust headquartered in Tampa, Florida. It invests in healthcare properties leased to tenants, capitalizing on critical and structural economic growth drivers. As of June 30, 2025, the company owned 136 real estate properties and three land parcels, located in 67 markets across the United States.
“The patient-centric focus and strategic partnership with Nobis have proven to be a combination that has resulted in high census and outstanding results at the properties,” stated Michael A. Seton, President and Chief Executive Officer of Sila Realty Trust. “We are pleased to add the [facilities] to our portfolio, as we believe these assets, with long lease terms of over 20 years and best-in-class management, will provide long-term value to our shareholders.”
According to data captured in the LevinPro HC database, this transaction represents the 29th Rehabilitation transaction of 2025, and the fourth in the inpatient rehabilitation hospital specialty. There were 46 Rehabilitation transactions announced in 2024, including 14 inpatient rehabilitation hospital deals.
This also marks Sila Realty Trust’s second acquisition in the subsector since the start of the year. The company acquired an inpatient rehabilitation facility in Dover, Delaware in April 2025.
