UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-55435 SILA REALTY TRUST, INC. (Exact name of registrant as specified in its charter) Maryland 46-18 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-55435 https://files.reportify.cc/m SILA REALTY TRUST, INC. (Exact name of regis ...

[PART I. FINANCIAL INFORMATION](index=3&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) This section covers the company's financial statements, management's analysis, market risk, and internal controls [Item 1. Condensed Consolidated Financial Statements](index=3&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements) The financial statements reflect a strategic shift, reclassifying the data center segment as discontinued operations and impacting key financial metrics [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheets show a slight decrease in total assets and the reclassification of data center assets as held for sale Condensed Consolidated Balance Sheet Highlights (in thousands) | Balance Sheet Item | June 30, 2021 | December 31, 2020 | | :--- | :--- | :--- | | Total real estate, net | $1,843,928 | $1,849,552 | | Assets held for sale, net | $953,294 | $959,750 | | **Total assets** | **$3,189,845** | **$3,205,289** | | Total liabilities | $1,551,132 | $1,551,416 | | Total stockholders' equity | $1,638,713 | $1,653,873 | | **Total liabilities and stockholders' equity** | **$3,189,845** | **$3,205,289** | - A significant portion of the company's assets and liabilities are classified as 'held for sale' due to the board's decision to sell the data center portfolio. As of June 30, 2021, assets held for sale were **$953.3 million** and liabilities held for sale were **$363.6 million**[10](index=10&type=chunk)[29](index=29&type=chunk) [Condensed Consolidated Statements of Comprehensive Income (Loss)](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income%20%28Loss%29) The statements show increased net income driven by discontinued operations, alongside significant impairment losses and higher general and administrative expenses Financial Performance Highlights (in thousands, except per share data) | Metric | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | Six Months Ended June 30, 2021 | Six Months Ended June 30, 2020 | | :--- | :--- | :--- | :--- | :--- | | Rental Revenue | $43,747 | $41,731 | $86,169 | $83,157 | | (Loss) income from continuing operations | $(249) | $4,323 | $(5,315) | $3,009 | | Income from discontinued operations | $16,305 | $6,772 | $24,253 | $13,755 | | **Net income attributable to common stockholders** | **$16,056** | **$11,095** | **$18,938** | **$16,764** | | Net income per common share (diluted) | $0.07 | $0.05 | $0.09 | $0.08 | - The company recorded significant impairment losses in 2021, with **$6.5 million** on real estate and **$0.4 million** on goodwill for the three months ended June 30, 2021. For the six-month period, these impairments were **$16.9 million** and **$0.7 million**, respectively. No such impairments were recorded in the comparable 2020 periods[12](index=12&type=chunk) - General and administrative expenses more than doubled for both the three and six-month periods year-over-year, while asset management fees were eliminated. This is a direct result of the internalization of management functions which closed on September 30, 2020[12](index=12&type=chunk)[25](index=25&type=chunk)[26](index=26&type=chunk) [Condensed Consolidated Statements of Equity](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Equity) The equity statement details changes in stockholders' equity, including stock issuance, repurchases, distributions, and net income Changes in Stockholders' Equity (Six Months Ended June 30, 2021, in thousands) | Description | Amount | | :--- | :--- | | Balance, December 31, 2020 | $1,653,873 | | Issuance of common stock (DRIP) | $14,833 | | Repurchase of common stock | $(4,078) | | Distributions to common stockholders | $(53,615) | | Net income | $18,938 | | Other comprehensive income | $7,567 | | **Balance, June 30, 2021** | **$1,638,713** | [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) The cash flow statement shows increased operating cash flow and significant cash usage in investing activities due to real estate investments and internalization costs Cash Flow Summary (Six Months Ended June 30, in thousands) | Cash Flow Activity | 2021 | 2020 | | :--- | :--- | :--- | | Net cash provided by operating activities | $81,119 | $55,740 | | Net cash used in investing activities | $(46,791) | $(12,537) | | Net cash used in financing activities | $(31,690) | $(35,969) | | **Net change in cash, cash equivalents and restricted cash** | **$2,638** | **$7,234** | - Net cash from operating activities increased by **45.5%** YoY, primarily due to higher net income adjusted for non-cash items like depreciation and impairment losses. Cash used in investing activities increased significantly due to a **$25.0 million** investment in real estate and a **$7.5 million** payment for the internalization transaction in 2021[22](index=22&type=chunk) [Notes to the Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) The notes provide critical details on the reclassification of the data center segment, its subsequent sale, impairment charges, and the impact of management internalization - The company's board of directors decided to sell its entire data center segment, comprising **29 properties**. This strategic shift resulted in the reclassification of these assets and liabilities to 'held for sale' and their operations to 'discontinued operations'[29](index=29&type=chunk) - The sale of the **29 data centers** was completed subsequent to the quarter end, on July 22, 2021, for an aggregate price of **$1.32 billion**. Proceeds were used to pay down debt and fund a special cash distribution of **$1.75 per share**[30](index=30&type=chunk)[88](index=88&type=chunk) - During the six months ended June 30, 2021, the company recorded real estate impairment charges of **$16.9 million** and goodwill impairment of **$0.7 million** related to its healthcare properties[49](index=49&type=chunk)[50](index=50&type=chunk)[51](index=51&type=chunk) - On September 30, 2020, the company completed an internalization transaction, acquiring its external manager for a total cash price of **$40.0 million**, payable in installments. This resulted in the elimination of asset management fees and other related-party payments[25](index=25&type=chunk)[95](index=95&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=36&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the strategic sale of data centers, debt reduction, and special distribution, highlighting the company's shift to a pure-play healthcare REIT and improved liquidity - The company completed the sale of all **29** of its data center properties on July 22, 2021, for **$1.32 billion**. This represents a major strategic shift, focusing the company exclusively on healthcare properties[183](index=183&type=chunk)[186](index=186&type=chunk) - Proceeds from the Data Center Sale were used to repay approximately **$853.8 million** in debt and fund a special cash distribution of **$1.75 per share**, paid on July 30, 2021[186](index=186&type=chunk)[187](index=187&type=chunk) Comparison of Operations (Three Months Ended June 30, in thousands) | Metric | 2021 | 2020 | $ Change | % Change | | :--- | :--- | :--- | :--- | :--- | | Total rental revenue | $43,747 | $41,731 | $2,016 | 4.8% | | Total expenses | $34,462 | $29,302 | $5,160 | 17.6% | | Income from discontinued operations | $16,305 | $6,772 | $9,533 | 140.8% | - The increase in total expenses for Q2 2021 was primarily driven by a **$6.5 million** impairment loss on real estate and a **$3.5 million** increase in G&A expenses following the management internalization, offset by the elimination of **$4.2 million** in asset management fees[212](index=212&type=chunk)[213](index=213&type=chunk) FFO and AFFO Reconciliation (Six Months Ended June 30, in thousands) | Metric | 2021 | 2020 | | :--- | :--- | :--- | | Net income attributable to common stockholders | $18,938 | $16,764 | | FFO attributable to common stockholders | $83,417 | $66,420 | | AFFO attributable to common stockholders | $77,478 | $58,074 | - For the six months ended June 30, 2021, total distributions were **$53.8 million**, which were covered by cash flows from operations (**$39.0 million**) and proceeds from the DRIP (**$14.8 million**). AFFO for the period was **$77.5 million**[253](index=253&type=chunk)[255](index=255&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=52&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risk is interest rate risk on variable-rate debt, mitigated by swaps and significantly reduced post-quarter-end debt repayments - The primary market risk is interest rate risk. As of June 30, 2021, the company had **$553.0 million** in variable-rate debt indexed to LIBOR. A **50 basis point** increase in market rates would increase annual interest expense by approximately **$2.8 million**[279](index=279&type=chunk)[283](index=283&type=chunk) - The company is managing the transition from LIBOR, which is expected to be discontinued after June 30, 2023. The company's credit agreements include provisions for converting to an alternate index rate like SOFR[281](index=281&type=chunk)[243](index=243&type=chunk) - To mitigate interest rate risk, the company utilized **15 interest rate swap agreements** with a total notional value of **$633.4 million** as of June 30, 2021. Eight of these swaps were terminated in connection with the Data Center Sale[282](index=282&type=chunk) - Post-quarter end, on July 22, 2021, the company repaid approximately **$450.8 million** of notes payable and **$403.0 million** on its credit facility, significantly reducing its total debt and exposure to interest rate fluctuations[283](index=283&type=chunk)[290](index=290&type=chunk) [Item 4. Controls and Procedures](index=54&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of June 30, 2021, with no material changes to internal control over financial reporting - Management, including the CEO and CFO, evaluated the company's disclosure controls and procedures and concluded they were effective as of June 30, 2021[293](index=293&type=chunk) - No changes occurred during the three months ended June 30, 2021, that have materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting[294](index=294&type=chunk) [PART II. OTHER INFORMATION](index=55&type=section&id=PART%20II.%20OTHER%20INFORMATION) This section covers legal proceedings, risk factors, equity security sales, defaults, and other miscellaneous disclosures [Item 1. Legal Proceedings](index=55&type=section&id=Item%201.%20Legal%20Proceedings) The company is not aware of any material pending legal proceedings to which it or its properties are subject - As of the filing date, the company is not a party to any material pending legal proceedings[297](index=297&type=chunk) [Item 1A. Risk Factors](index=55&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2020 - No material changes from the risk factors set forth in the Annual Report on Form 10-K for the year ended December 31, 2020 have been identified[298](index=298&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=55&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company issued restricted Class A common stock to a new director and repurchased shares under its Share Repurchase Program during Q2 2021 - On April 23, 2021, the company granted **1,677 restricted shares** of Class A common stock to a new director, an issuance exempt from registration under Section 4(a)(2) of the Securities Act[299](index=299&type=chunk)[300](index=300&type=chunk) Share Repurchases (Q2 2021) | Period | Total Number of Shares Repurchased | Average Price Paid per Share | | :--- | :--- | :--- | | April 2021 | 260,086 | $8.69 | | May 2021 | 15,156 | $8.69 | | June 2021 | — | $— | | **Total** | **275,242** | **N/A** | [Item 3. Defaults Upon Senior Securities](index=55&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities during the period - None[301](index=301&type=chunk) [Item 4. Mine Safety Disclosures](index=55&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[302](index=302&type=chunk) [Item 5. Other Information](index=55&type=section&id=Item%205.%20Other%20Information) The company reported no other information for this item - None[303](index=303&type=chunk) [Item 6. Exhibits](index=56&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including articles of incorporation, various agreements, and certifications - Key exhibits filed include the Purchase and Sale Agreement for the data center portfolio, amendments to credit facilities, and CEO/CFO certifications[305](index=305&type=chunk)[306](index=306&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-55435 SILA REALTY TRUST, INC. (Exact name of registrant as specified in its charter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-55435 SILA REALTY TRUST, INC. (Exact name of registrant as specified in its charter) Mar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-55435 SILA REALTY TRUST, INC. (Exact name of registrant as specified in its cha ...

PART I. FINANCIAL INFORMATION [Condensed Consolidated Financial Statements](index=3&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements) The company presents its unaudited condensed consolidated financial statements for H1 2020, detailing financial position and performance post-REIT I merger [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2020, total assets were $3.22 billion, liabilities $1.55 billion, and stockholders' equity $1.67 billion, reflecting increased credit facility usage Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2020 | December 31, 2019 | | :--- | :--- | :--- | | Total real estate, net | $2,723,411 | $2,768,462 | | Cash and cash equivalents | $74,782 | $69,342 | | **Total assets** | **$3,218,378** | **$3,239,534** | | Total notes payable, net | $453,562 | $454,845 | | Credit facility, net | $931,440 | $900,615 | | **Total liabilities** | **$1,546,808** | **$1,501,115** | | **Total stockholders' equity** | **$1,671,568** | **$1,738,417** | [Condensed Consolidated Statements of Comprehensive Income (Loss)](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income%20%28Loss%29) H1 2020 rental revenue increased to $138.1 million and net income to $16.8 million, driven by the REIT I merger, but an unrealized swap loss led to a $4.7 million comprehensive loss Statement of Comprehensive Income Highlights (in thousands, except per share data) | Metric | Six Months Ended June 30, 2020 | Six Months Ended June 30, 2019 | | :--- | :--- | :--- | | Rental revenue | $138,060 | $93,404 | | Total expenses | $94,481 | $63,051 | | Gain on real estate disposition | $2,703 | $— | | **Net income attributable to common stockholders** | **$16,764** | **$10,625** | | Other comprehensive loss | $(21,474) | $(11,163) | | **Comprehensive (loss) income** | **$(4,710)** | **$(538)** | | Basic EPS | $0.08 | $0.08 | | Diluted EPS | $0.08 | $0.08 | [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) H1 2020 net cash from operations increased to $55.7 million, investing activities used $12.5 million, and financing activities used $36.0 million, primarily for distributions and repurchases Cash Flow Summary (in thousands) | Activity | Six Months Ended June 30, 2020 | Six Months Ended June 30, 2019 | | :--- | :--- | :--- | | Net cash provided by operating activities | $55,740 | $38,571 | | Net cash used in investing activities | $(12,537) | $(7,036) | | Net cash used in financing activities | $(35,969) | $(32,574) | | **Net change in cash** | **$7,234** | **$(1,039)** | [Notes to the Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) The notes detail organization, accounting policies, property transactions, segment reporting, $1.39 billion total debt, and the planned $40 million management internalization - The company was formed to invest in data centers and healthcare properties. As of June 30, 2020, it owned **152 real estate properties**[24](index=24&type=chunk) - During H1 2020, the company acquired one healthcare facility for **$5.03 million** and sold one for **$35.0 million**, recognizing a **$2.7 million gain**[67](index=67&type=chunk)[68](index=68&type=chunk)[69](index=69&type=chunk) - The company operates through two segments: data centers and healthcare. For H1 2020, the healthcare segment generated **$74.9 million** in net operating income, while data centers generated **$40.7 million**[100](index=100&type=chunk)[104](index=104&type=chunk) - On July 28, 2020, the company agreed to internalize its external management for **$40 million**, expected to close on September 30, 2020[129](index=129&type=chunk)[131](index=131&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=29&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses H1 2020 financial condition and results, highlighting the REIT I merger, COVID-19 impact, and the planned $40 million management internalization, with total rental revenue up 47.8% - The company's portfolio grew to **152 properties** as of June 30, 2020, largely due to the merger with REIT I in October 2019[154](index=154&type=chunk) - Due to COVID-19, the company collected approximately **97% of contracted rental revenue** for H1 2020 and temporarily suspended its share repurchase program (SRP), except for repurchases due to death[157](index=157&type=chunk)[159](index=159&type=chunk) - The company agreed to internalize its external management functions for **$40 million**, with closing expected on September 30, 2020[161](index=161&type=chunk)[164](index=164&type=chunk) Funds from Operations (FFO) and Modified FFO (MFFO) (in thousands) | Metric | Six Months Ended June 30, 2020 | Six Months Ended June 30, 2019 | | :--- | :--- | :--- | | Net income attributable to common stockholders | $16,764 | $10,625 | | **FFO attributable to common stockholders** | **$66,420** | **$44,481** | | **MFFO attributable to common stockholders** | **$54,719** | **$36,896** | [Results of Operations](index=34&type=section&id=Results%20of%20Operations) H1 2020 total rental revenue increased by **47.8% to $138.1 million**, driven by Legacy REIT I properties, while total expenses rose **49.8% to $94.5 million** due to portfolio expansion Rental Revenue Breakdown - Six Months Ended June 30 (in thousands) | Category | 2020 | 2019 | $ Change | % Change | | :--- | :--- | :--- | :--- | :--- | | Same store rental revenue | $81,752 | $81,508 | $244 | 0.3% | | Non-same store rental revenue | $2,943 | $— | $2,943 | 100.0% | | Legacy REIT I properties rental revenue | $39,498 | $— | $39,498 | 100.0% | | **Total Rental Revenue** | **$138,060** | **$93,404** | **$44,656** | **47.8%** | Expense Breakdown - Six Months Ended June 30 (in thousands) | Category | 2020 | 2019 | $ Change | % Change | | :--- | :--- | :--- | :--- | :--- | | Same store rental expenses | $18,333 | $19,270 | $(937) | (4.9)% | | General and administrative expenses | $7,787 | $2,938 | $4,849 | 165.0% | | Asset management fees | $11,925 | $6,987 | $4,938 | 70.7% | | Depreciation and amortization | $52,359 | $33,856 | $18,503 | 54.7% | | **Total Expenses** | **$94,481** | **$63,051** | **$31,430** | **49.8%** | [Liquidity and Capital Resources](index=38&type=section&id=Liquidity%20and%20Capital%20Resources) The company's liquidity sources include operating cash flows and its credit facility, with **$74.8 million** cash and **$191.5 million** available, and **71%** of H1 2020 distributions funded by operations - As of June 30, 2020, the company had **$191.5 million** available to be drawn under its credit facility[213](index=213&type=chunk) - During H1 2020, the company drew **$75 million** on its credit facility for additional liquidity due to COVID-19 uncertainty[212](index=212&type=chunk) Source of Distributions - Six Months Ended June 30, 2020 (in thousands) | Source | Amount | Percentage | | :--- | :--- | :--- | | Cash flows provided by operations | $38,065 | 71% | | Offering proceeds from DRIP | $15,442 | 29% | | **Total Sources** | **$53,507** | **100%** | [Quantitative and Qualitative Disclosures About Market Risk](index=44&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company faces interest rate risk on **$538.0 million** of variable rate debt, mitigated by **$736.6 million** in interest rate swaps, and is monitoring the LIBOR transition - The company is exposed to interest rate risk, with **$538.0 million** of its **$1.39 billion** total debt subject to variable rates as of June 30, 2020[256](index=256&type=chunk)[257](index=257&type=chunk) - A **50 basis point (0.50%)** increase in market interest rates would increase the company's annual interest expense by approximately **$2.7 million**[257](index=257&type=chunk) - The company utilizes interest rate swaps to manage risk, with an aggregate notional amount of **$736.6 million** under 20 agreements as of June 30, 2020[252](index=252&type=chunk) - The company is monitoring the planned cessation of LIBOR after 2021, which could affect interest payments on its variable rate debt and derivative instruments[250](index=250&type=chunk)[251](index=251&type=chunk) [Controls and Procedures](index=46&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded the company's disclosure controls and procedures were effective as of June 30, 2020, with no material changes during the quarter - The CEO and CFO concluded that the company's disclosure controls and procedures were effective as of June 30, 2020[261](index=261&type=chunk) - No material changes to the company's internal control over financial reporting occurred during the three months ended June 30, 2020[262](index=262&type=chunk) PART II. OTHER INFORMATION [Legal Proceedings](index=47&type=section&id=Item%201.%20Legal%20Proceedings) The company is not aware of any material pending legal proceedings to which it or its properties are subject - As of the filing date, the company is not a party to any material pending legal proceedings[265](index=265&type=chunk) [Risk Factors](index=47&type=section&id=Item%201A.%20Risk%20Factors) New and updated risk factors include those related to the Internalization Transaction, COVID-19 pandemic impacts, and geographic and tenant concentration risks exceeding 10% of rental revenue - New risks relate to the pending Internalization Transaction, including potential delays, failure to close, and the risk that it may not be financially beneficial or accretive to stockholders[267](index=267&type=chunk)[268](index=268&type=chunk)[271](index=271&type=chunk) - The COVID-19 pandemic poses significant risks, including diminished public trust in healthcare facilities, increased tenant costs, potential tenant bankruptcies, and negative impact on financial covenants[289](index=289&type=chunk)[292](index=292&type=chunk)[293](index=293&type=chunk) - The company has geographic concentration risk, with Atlanta and Houston MSAs accounting for **11.6%** and **10.3%** of H1 2020 rental revenue, respectively[281](index=281&type=chunk) - Tenant concentration risk exists, with leases under common control of Post Acute Medical, LLC accounting for **10.1%** of H1 2020 rental revenue[282](index=282&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=51&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company's Share Repurchase Program (SRP) was temporarily suspended on April 30, 2020, due to COVID-19, after repurchasing **1,415,299 shares** for **$12.2 million** in Q2 2020 - On April 30, 2020, the company's board temporarily suspended the Share Repurchase Program (SRP) due to COVID-19 uncertainty, except for repurchases due to death[322](index=322&type=chunk) Share Repurchases for the Three Months Ended June 30, 2020 | Period | Total Number of Shares Repurchased | Average Price Paid per Share | | :--- | :--- | :--- | | April 2020 | 1,394,797 | $8.65 | | May 2020 | — | $— | | June 2020 | 20,502 | $8.65 | | **Total** | **1,415,299** | **N/A** | - Repurchase requests for Q2 2020 were prorated as the company reached its DRIP Funding Limitation[321](index=321&type=chunk) [Defaults Upon Senior Securities](index=55&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reports no defaults upon its senior securities - None[325](index=325&type=chunk) [Mine Safety Disclosures](index=55&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This section is not applicable to the company - Not applicable[326](index=326&type=chunk) [Other Information](index=56&type=section&id=Item%205.%20Other%20Information) The company reports no other information for this item - None[327](index=327&type=chunk) [Exhibits](index=57&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including agreements related to the REIT Merger, Internalization Transaction, corporate governance, and required certifications

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-55435 CARTER VALIDUS MISSION CRITICAL REIT II, INC. (Exact name of registrant as sp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-K (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-55435 CARTER VALIDUS MISSION CRITICAL REIT II, INC. (Exact name of registrant as specifi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-55435 CARTER VALIDUS MISSION CRITICAL REIT II, INC. (Exact name of registrant a ...