Financial Data and Key Metrics Changes - Cash NOI for Q1 2025 was $41.2 million, a slight increase from $41 million in Q4 2024, representing a 0.5% increase driven by scheduled lease escalations and a recent acquisition [11] - AFFO for Q1 2025 was $29.4 million or $0.53 per diluted share, down from $30.2 million or $0.54 per diluted share in Q4 2024, reflecting a 2.6% decrease primarily due to increased interest expenses [12] - Compared to Q1 2024, AFFO decreased by 23.1%, largely due to nonrecurring fees and bankruptcies impacting cash NOI [12] Business Line Data and Key Metrics Changes - The company maintained a weighted average remaining lease term of over 9.5 years with average annual contractual rent escalations of 2.2%, indicating stable long-term revenue growth [8][22] - The portfolio consisted of approximately 5.3 million rentable square feet, with a leasing rate of 96%, unchanged from the previous quarter [22] Market Data and Key Metrics Changes - The company reported that 73.3% of ABR from tenants with financial reporting maintained a strong EBITDARM coverage ratio of 5.3 times, indicating financial stability among tenants [16] - The percentage of ABR with EBITDARM coverage below one times decreased significantly from 1.8% to 0.5%, driven by improvements in tenant coverage levels [43] Company Strategy and Development Direction - The company focuses on acquiring health care properties, which are seen as essential and non-discretionary, providing a stable investment opportunity amid economic uncertainty [7] - Recent acquisitions included two healthcare facilities totaling approximately $59 million, expanding the company's footprint into new states and aligning with its strategic focus on necessity-based healthcare properties [18][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the current economic challenges, including inflation and potential recession, but expressed confidence in the company's ability to navigate these issues due to its strong financial position and focus on healthcare real estate [6][10] - The demographic shift towards an aging population is expected to drive increased healthcare spending, benefiting the company's portfolio and future acquisition opportunities [9][10] Other Important Information - The company has over $598 million in liquidity available for future acquisitions, supported by a new $600 million revolving line of credit [15] - The company is currently evaluating the financial strength of its tenant base and monitoring potential impacts from tariffs and healthcare policy changes [17] Q&A Session Summary Question: Update on Stoughton property status - Management engaged a broker to solicit bids for the sale or lease of the Stoughton property, with more interest from multifamily developers, potentially involving demolition and entitlement processes [26][28] Question: Update on mezzanine loan investments - The company has funded amounts related to the mezzanine loan for the inpatient rehab facility and expects both loans to be fully funded by Q3 2025 [30] Question: Increase in credit loss reserve - The increase in the credit loss reserve is a required GAAP reserve related to loans receivable, assessed quarterly based on qualitative judgments [31][32] Question: Impact of stock price on acquisition pace - The company is cautious about leveraging to the high end of its target range until its stock price recovers, indicating a methodical approach to acquisitions [37] Question: Minimum yield for quality acquisitions - The company is currently looking for opportunities in the 6.5% to 7.5% cap rate range, depending on property type and quality [41][42] Question: Improvement in EBITDARM coverage - The improvement in EBITDARM coverage was due to properties moving up in coverage levels, with a significant portion of the lower coverage associated with investment-grade rated tenants [43][44]

EXHIBIT 99.2 Disclosures Non-GAAP Measures This presentation contains certain financial information not derived in accordance with the United States generally accepted accounting principles (GAAP). These items include earnings before interest, income taxes, depreciation and amortization (EBITDA), EBITDA for real estate (EBITDAre), earnings before interest, income taxes, depreciation, amortization, rent and management fees (EBITDARM), funds from operations (FFO), core funds from operations (Core FFO), adjust ...

EXHIBIT 99.1 Sila Realty Trust Announces First Quarter 2025 Results TAMPA, Fla. May 7, 2025 - Sila Realty Trust, Inc. (NYSE: SILA) ("Sila", the "Company", "we", or "us"), a net lease real estate investment trust ("REIT") with a strategic focus on investing in the growing and resilient healthcare sector, today announced operating results for the first quarter ended March 31, 2025. Highlights for the quarter ended March 31, 2025: Subsequent Events Management Commentary "We are pleased with our strong start to ...

Core Viewpoint - The article emphasizes the importance of dividend investing in quality blue-chip stocks, BDCs, and REITs for building a sustainable retirement income stream over the next 5-7 years [1]. Group 1 - The author is a Navy veteran who focuses on long-term investment strategies, particularly in high-quality, dividend-paying companies [1]. - The goal is to assist lower and middle-class workers in constructing investment portfolios that can lead to financial independence [1]. - The author expresses a personal commitment to buy-and-hold investment philosophy, prioritizing quality over quantity in stock selection [1]. Group 2 - The article does not provide specific financial data or performance metrics related to the companies or sectors discussed [2][3].

I rate Sila Realty Trust, Inc. (NYSE: SILA ) as a Buy, for income focused investors who are looking for long-term buy and hold real estate investment trusts (REITs). The most important factors that influence my opinion of the REIT are:David A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alternative investment funds such as hedge fu ...

Core Insights - Albert Anthony is a Croatian-American media personality active on investor platforms, focusing on markets and stocks, with a growing follower base of over 1,000 since 2023 [1] - He is set to launch a new book titled "Financial Markets: Growing A Dividend Income Portfolio" in 2025, coinciding with an ongoing article series on the same topic [1] - Albert Anthony has a background in management and information systems, having worked in a top-10 financial firm's IT department, and has participated in various business and innovation conferences [1] Company Overview - Albert Anthony & Co. is a sole proprietorship registered in Austin, Texas, focusing on general market commentary based on publicly available data [1] - The company does not provide personalized financial advice or sell financial products, and it operates without compensation from any rated companies [1] Investment Focus - Albert Anthony has launched the Future Investor Fund, which aims to build a dividend portfolio, indicating a strategic focus on dividend income generation [1]

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the utility of a specific screening strategy to find stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to sustain their recent upward trends, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [3]. - Sila Realty Trust (SILA) is highlighted as a candidate that passed the screening criteria, showing a price increase of 7.6% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - A further price increase of 5.1% over the last four weeks indicates that the upward trend for SILA is still intact, with the stock currently trading at 99% of its 52-week high-low range, suggesting a potential breakout [5]. Group 2: Fundamental Strength - SILA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock's Average Broker Recommendation of 1 (Strong Buy) indicates high optimism from the brokerage community regarding its near-term price performance [7]. - The article suggests that the price trend for SILA is unlikely to reverse soon, and encourages consideration of other stocks that meet the screening criteria for potential investment opportunities [8].

Revenue Sources and Tenant Risks - As of December 31, 2024, 14.9% of rental revenue was derived from tenants under common control of Post Acute Medical LLC, which poses a risk if these tenants face financial difficulties[83] - Approximately 38.3% of annualized contractual base rental revenue was from tenants with investment grade credit ratings, while 28.6% was from tenants rated below investment grade, and 33.1% from unrated tenants as of December 31, 2024[86] - Compliance with healthcare laws and regulations is critical, as non-compliance may negatively impact tenants' financial conditions and rent payments[109] - Adverse trends in the healthcare industry, such as shifts to outpatient services and increased scrutiny of billing practices, may negatively affect lease revenues[113] Geographic and Market Concentration - Geographic concentration of properties resulted in 8.0%, 7.3%, 5.4%, 4.2%, and 4.1% of annualized contractual base rental revenue coming from markets in Dallas, Oklahoma City, San Antonio, Akron, and Tucson respectively[84] Lease and Property Management - As of December 31, 2024, 96.0% of the property portfolio was leased, with leases representing 20.3% of annualized base rent set to expire within 5 years[89] - The company may incur additional costs for tenant improvements and refurbishments if tenants vacate their spaces, impacting cash distributions[91] - Properties acquired through ground leases may impose significant limitations, potentially impairing property value and tenant suitability[106] Financial Risks and Costs - The company may face increased operating costs due to climate change compliance obligations, which could affect cash flow and distributions to stockholders[85] - The company is subject to risks from potential development and construction delays, which could lead to increased costs and impact investment returns[98] - Defaults by purchasers in financing arrangements could negatively impact cash distributions to stockholders[104] - The company faces risks in identifying and completing attractive acquisition opportunities, which may not yield anticipated benefits[105] - Competition from nearby healthcare facilities and new stakeholders, including telemedicine, could adversely affect rental revenues[108] Interest Rate and Debt Management - Interest rate exposure poses a risk, as increases may not be matched by rental income, adversely affecting financial condition and distributions[115] - The company has hedged all variable rate debt as of December 31, 2024, to mitigate interest rate risk[116] - High debt levels could limit cash available for distributions and decrease stockholder investment value[118] - The company is exposed to interest rate risk due to variable rate debt financing linked to the one-month Term SOFR[270] - As of December 31, 2024, the total principal debt outstanding was $525,000,000, fixed through 10 interest rate swap agreements[271] - The weighted average interest rate on total principal debt outstanding was 4.62%, including the impact of interest rate swap agreements[273] - An increase of 50 basis points in market interest rates would increase the settlement asset value of interest rate swaps to $20,023,000[272] - A decrease of 50 basis points in market interest rates would decrease the settlement asset value of interest rate swaps to $3,311,000[272] REIT Compliance and Taxation - Failure to maintain REIT qualification could result in corporate-level tax liabilities, adversely affecting net earnings and stockholder returns[125] - To maintain REIT qualification, the company must distribute at least 90% of its REIT taxable income, which may limit available cash for operations and investments[126] - Failure to meet distribution requirements could result in a 4% nondeductible excise tax on the excess of required distributions over actual distributions[126] - The company may face U.S. federal, state, and local income taxes, which would reduce cash available for distribution to stockholders[128] - The use of taxable REIT subsidiaries could increase overall tax liability, further reducing cash available for distribution[129] - If the company fails to comply with REIT asset tests, it may be required to liquidate attractive investments to maintain qualification[132] - Legislative changes could adversely affect the company's ability to qualify as a REIT and impact stockholder returns[136] - Dividends from REITs are generally taxed at ordinary income rates, which may make them less attractive compared to non-REIT corporate dividends[139] - If the Operating Partnership is reclassified as a corporation, it would lose REIT status and face corporate-level taxation, reducing distributions[140] - Foreign investors may be subject to FIRPTA tax on gains from the sale of shares, which could reduce their net investment returns[141] - The company must ensure that its leases qualify as true leases for tax purposes to maintain REIT status[133] Operational and Cybersecurity Risks - The company may face challenges in selling properties at or above purchase prices, potentially leading to decreased asset values and stockholder returns[95] - Disruptions in credit markets could impact the availability of financing for property acquisitions, affecting growth and returns[121] - The company has implemented cybersecurity measures to mitigate risks, but there is no guarantee against potential cyber incidents[150] - The company may be subject to litigation that could negatively impact future cash flow and financial condition[154] - The company has previously paid distributions from sources other than cash flows from operations, which may affect future distributions[152] - The company expects to continue acquiring commercial real estate primarily in the continental United States, which is subject to economic downturns[151] - The company may face substantial volatility in trading prices of its common stock following its listing due to pent-up demand from stockholders[147]

Financial Data and Key Metrics Changes - GAAP net income for the year ended 2024 was $42.7 million, or $0.75 per diluted share, compared to $24 million, or $0.42 per diluted share for 2023, indicating a significant increase [35] - Cash NOI for the fourth quarter was $41 million, a decrease of 4.3% from $42.8 million in the same period in 2023 [35] - AFFO for the fourth quarter was $30.2 million, or $0.54 per diluted share, compared to $32.7 million, or $0.57 per diluted share during the same period in 2023 [39] Business Line Data and Key Metrics Changes - The company executed over 1.1 million rentable square feet in lease renewals and modifications, representing approximately 20% of the total real estate portfolio [23] - The weighted average lease term (WALT) increased by approximately 1.5 years to 9.7 years at year-end [25] - The overall portfolio EBITDARM coverage ratio improved to 5.3 times, with less than 2% of ABR having an EBITDARM coverage ratio below one times [16][28] Market Data and Key Metrics Changes - The company has increased exposure to investment-grade tenants to 66.9% [17] - The weighted average lease rate increased by 50 basis points to 96% compared to 95.5% at the end of the third quarter [27] - The company is actively marketing a property in Stoughton, Massachusetts, which accounts for approximately 3.4% of the portfolio's square footage [30] Company Strategy and Development Direction - The company aims to grow enterprise value by approximately 7.5% to 15% per annum in 2025 [50] - The focus remains on long-term net lease investments in strategic locations with reliable tenancy sponsorship [52] - The company plans to leverage its strong capital position to pursue accretive acquisitions and fill gaps in development budgets [60] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the healthcare industry's recovery and improving credit metrics among tenants [68] - The company anticipates a continued focus on disciplined growth and is optimistic about the transaction market despite a higher interest rate environment [32][50] - Management highlighted the importance of maintaining a strong balance sheet and financial flexibility in the current economic climate [42] Other Important Information - The board approved a change in the frequency of distributions from monthly to quarterly, effective in 2025 [43] - The company closed on a new $600 million revolving credit agreement, increasing its capacity for external growth [41] - The company successfully resolved all exposure related to Genesis Care by releasing, leasing, or selling all 17 assets [18] Q&A Session Summary Question: What should be the main signposts for 2025? - Management indicated a target growth of 7.5% to 15% per annum and emphasized a disciplined approach to acquisitions [50][52] Question: What is the expected mix between loans and acquisitions in 2025? - The majority of transaction volume is expected to be acquisitions, with some mezzanine loans providing mid-teen returns during the funded period [55][60] Question: Are there any new credit issues to be aware of? - Management reported only one small tenant left, maintaining a high renewal rate and improving credit metrics across the portfolio [66][68] Question: What drove the timing of the Post Acute Medical lease extension? - The extension was driven by a proactive approach and a strong relationship with the tenant, providing certainty for both parties [76][78] Question: What is the outlook for the Stoughton facility? - The facility has flexibility for various uses, with interest in both residential and healthcare options, and management is focused on maximizing outcomes [91][92] Question: Where are the best acquisition opportunities currently? - Attractive opportunities are seen in inpatient rehab and outpatient medical facilities, with a focus on pricing and tenant credit [94]

Financial Data and Key Metrics Changes - GAAP net income for the year ended 2024 was $42.7 million or $0.75 per diluted share, compared to $24 million or $0.42 per diluted share for the year ended 2023, indicating significant growth [22] - Cash NOI for the fourth quarter was $41 million, a decrease of 4.3% from $42.8 million in the same period in 2023 [22][23] - AFFO for the fourth quarter was $30.2 million or $0.54 per diluted share, compared to $32.7 million or $0.57 per diluted share during the same period in 2023 [24] Business Line Data and Key Metrics Changes - The company executed renewal leases and lease modifications for over 1.1 million rentable square feet, representing approximately 20% of the total real estate portfolio [15] - The weighted average lease rate increased by 50 basis points to 96% compared to 95.5% at the end of the third quarter [17] - The overall portfolio EBITDARM coverage ratio improved to 5.3 times, with only 1.8% of ABR coming from reporting obligors with EBITDARM coverage ratios below one time [10][18] Market Data and Key Metrics Changes - The company increased exposure to investment grade and rated tenants to 66.9% since the fourth quarter of 2023 [11] - The company noted a lack of new healthcare real estate development, creating a stickier leasing environment [7] - The company is particularly focused on opportunities within the Sunbelt region, also referred to as the "Smile States" [20] Company Strategy and Development Direction - The company aims to enhance the diversity, quality, and size of its healthcare real estate portfolio through strategic acquisitions and capital allocation [7][9] - The company plans to continue executing on its growth strategy in 2025, with a target to grow enterprise value by approximately 7.5% to 15% per annum [33][35] - The company is focused on long-term net lease investments in strategic locations with reliable tenancy sponsorship [35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the improving credit metrics of tenants and the overall health of the healthcare industry [44] - The company anticipates attractive opportunities in the transaction market, despite a higher interest rate environment [20][21] - Management highlighted the importance of maintaining a strong and low to moderately leveraged balance sheet for future growth [27] Other Important Information - The company successfully resolved all exposure related to Genesis Care by re-leasing or selling all 17 assets owned [12] - The company announced a change in the frequency of distributions to stockholders from monthly to quarterly, effective in 2025 [28] - The company has seen a material change in its shareholder base, becoming more institutionally diversified [13] Q&A Session Summary Question: What is the 2025 guidance? - The company indicated a target to grow the enterprise roughly between 7.5% and 15% per annum, with a focus on disciplined growth and accretive assets [33][35] Question: What is the expected mix between loans and acquisitions in 2025? - The majority of transaction volume is expected to be acquisition fee ownership, with some opportunities in loans to fill gaps in development budgets [36][39] Question: Are there any known credit issues or tenant move-outs? - The company reported only one small tenant left, maintaining a high renewal rate and improving credit metrics across the portfolio [42][44] Question: What drove the timing of the Post Acute Medical lease extension? - The extension was driven by a proactive approach and a strong relationship with the tenant, providing them with more certainty as they grow their business [51][52] Question: What is the outlook for the Stoughton facility? - The company is actively marketing the Stoughton property for sale or lease, with interest in both residential and healthcare uses [60][61] Question: Where are the best acquisition opportunities currently? - The company sees attractive opportunities in inpatient rehab and outpatient medical facilities, as well as potential in micro hospitals and urgent care facilities [62]