Community Healthcare Trust Inc
NYSE:CHCT
Community Healthcare Trust Inc
Community Healthcare Trust, Inc. engages in the acquisition of real estate properties that are leased to hospitals, doctors, healthcare systems, and other healthcare services providers. The company is headquartered in Franklin, Tennessee and currently employs 30 full-time employees. The company went IPO on 2015-05-21. The firm owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets. The firm invests in various types of healthcare properties including medical office buildings, physician clinics, outpatient diagnostic and treatment centers, acute in-patient behavioral healthcare facilities, behavioral specialty facilities, surgical centers and hospitals, radiation oncology centers, dialysis clinics, long-term acute care hospitals, inpatient rehabilitation facilities and urgent care centers. The firm operates in States, such as Texas, Illinois, Florida, Ohio, Massachusetts, and others. The firm has investments of approximately $837.1 million in 153 real estate properties, located in over 33 states, totaling approximately 3.4 million square feet in the aggregate.
Community Healthcare Trust, Inc. engages in the acquisition of real estate properties that are leased to hospitals, doctors, healthcare systems, and other healthcare services providers. The company is headquartered in Franklin, Tennessee and currently employs 30 full-time employees. The company went IPO on 2015-05-21. The firm owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets. The firm invests in various types of healthcare properties including medical office buildings, physician clinics, outpatient diagnostic and treatment centers, acute in-patient behavioral healthcare facilities, behavioral specialty facilities, surgical centers and hospitals, radiation oncology centers, dialysis clinics, long-term acute care hospitals, inpatient rehabilitation facilities and urgent care centers. The firm operates in States, such as Texas, Illinois, Florida, Ohio, Massachusetts, and others. The firm has investments of approximately $837.1 million in 153 real estate properties, located in over 33 states, totaling approximately 3.4 million square feet in the aggregate.
Revenue Growth: Total revenue rose to $31.1 million, up 4.9% year-over-year and 1.1% sequentially when adjusting for a prior quarter's receivable reversal.
Occupancy: Portfolio occupancy fell slightly to 90.1% from 90.7%, but leasing activity is strong and management expects a 50–100 basis point increase by year-end.
FFO & AFFO: Funds from operations (FFO) grew 5.7% year-over-year to $13.5 million; AFFO rose 3.1% to $15.1 million, supporting a strong 85% payout ratio.
Dividend Raised: The quarterly dividend was increased to $0.475 per share, marking another consecutive quarterly raise.
Capital Recycling: The company is funding acquisitions mainly through property sales rather than issuing new shares, aiming to keep leverage steady.
Tenant Update: The troubled geriatric behavioral hospital tenant paid $200,000 in rent (down from $800,000/quarter); a sale of their operations is pending, likely closing in Q1 2026.
Acquisition Pipeline: Attractive acquisition opportunities are available, but management is being selective and matching new investments with asset sales.
