CHCT Reports Earnings

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Wednesday, Feb. 18, 2026 astatine 10 a.m. ET

• Chief Financial Officer — William G. Monroe

• Chief Accounting Officer — Leanne Stack

• Senior Vice President of Asset Management — David H. Dupuy

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Great. Thanks truthful much, Nick. Good morning, everybody, and convey you for joining america contiguous for our 2025 4th fourth league call. On the telephone with maine contiguous is William G. Monroe, our Chief Financial Officer, Leanne Stack, our Chief Accounting Officer, and Mark Kearns, our

David H. Dupuy: Senior Vice President of Asset Management. Our net announcement and supplemental information study were released past nighttime and furnished connected Form 8-Ks on with our yearly study connected Form 10-Ks. In addition, an updated capitalist presumption was posted to our website past night. During the 4th quarter, the Geriatric Behavioral Hospital operator, a tenant successful six of the company’s properties, paid rent of $200,000, accordant with past quarter. On 07/17/2025, this tenant signed a missive of intent for the merchantability of the operations of each six of its hospitals to an experienced behavioral healthcare relation and is nether exclusivity with that buyer.

Among different presumption and conditions of the sale, the purchaser would motion caller oregon amended leases for the six geriatric hospitals owned by Community Healthcare Trust Incorporated. We proceed to support frequent, productive connection with the buyer’s squad to beforehand the closing process. The purchaser is finalizing ineligible and concern owed diligence, and portion the transaction is progressing, we cannot supply circumstantial timing oregon certainty that it volition close. We volition stock much accusation arsenic we determination done the process. As it relates to our halfway business, we had a engaged 4th fourth from an operations position and superior recycling perspective. We proceed to beryllium selective from an acquisition standpoint.

Our occupancy accrued from 90.1% to 90% during the 4th and our leasing squad is precise engaged with renewals and caller leasing activity. Our weighted mean lease word accrued from 6.7 to 7 years. We person 3 properties that are undergoing redevelopment oregon important renovations with semipermanent tenants successful spot erstwhile the renovations oregon redevelopment are complete. We expect the largest of these projects to beryllium completed successful 2026 with rent expected to commence successful the 3rd 4th aft the tenant obtains the due supplier license.

As antecedently disclosed, during the 4th fourth we sold an inpatient rehab installation astatine an approximate 7.9% headdress rate, resulting successful a summation connected the merchantability of astir $11,500,000, with nett proceeds reinvested done a 1031 like-kind speech into a caller inpatient rehab installation for a acquisition terms of $28,500,000. We entered into a caller lease with a lease expiration successful 2040 and an anticipated yearly instrumentality of astir 9.3%. I volition enactment an further payment of the transaction was the simplification of our largest tenant concentration, further enhancing our wide portfolio diversification. For the year, we acquired 3 properties with a full of 113,000 quadrate feet for an aggregate acquisition terms of $64,500,000.