Community Healthcare Trust(US:CHCT) Prnewswire·2025-04-29 20:30Company Overview - Community Healthcare Trust Incorporated is a real estate investment trust (REIT) focused on owning income-producing real estate properties primarily associated with outpatient healthcare services across the United States [3] - As of March 31, 2025, the Company had investments totaling approximately $1.2 billion in 201 real estate properties, covering about 4.5 million square feet across 36 states [3] Financial Performance - For the three months ended March 31, 2025, the Company reported a net income of approximately $1.6 million, or $0.03 per diluted common share [1] - Funds from operations (FFO) and adjusted funds from operations (AFFO) for the same period were $0.47 and $0.55 per diluted common share, respectively [1][12] Revenue and Expenses - Rental income for the first quarter of 2025 was $29.73 million, an increase from $28.34 million in the same period of 2024 [10] - Total expenses for the first quarter of 2025 were $22.14 million, compared to $20.61 million in the first quarter of 2024 [11] Property Transactions - During the first quarter of 2025, the Company acquired a property for approximately $9.7 million, funded through its Revolving Credit Facility [6] - The Company disposed of a building in Ohio, receiving net proceeds of approximately $0.6 million [6] - There are seven properties under definitive purchase agreements, with an expected aggregate purchase price of approximately $169.5 million, anticipated to close throughout 2025, 2026, and 2027 [6] Dividends - The Company's Board of Directors declared a quarterly common stock dividend of $0.47 per share, payable on May 23, 2025, to stockholders of record on May 9, 2025 [6]