Core Viewpoint - Community Healthcare Trust is experiencing delays in closing a transaction involving six hospitals due to the buyer's need for due diligence, but expects to finalize the sale soon with increased activity noted in the first quarter of the following year [1][2][7]. Financial Performance - For Q4 2025, total revenue reached $30.9 million, reflecting a 5.6% increase year-over-year from $29.3 million, although it saw a slight sequential decrease from $31.1 million [18]. - Funds from operations (FFO) for Q4 totaled $13.3 million, up 4.6% from $12.7 million in the prior year, with a diluted per-share FFO of $0.49 [19]. - Adjusted funds from operations (AFFO) were reported at $14.9 million, a 2.1% increase from $14.6 million year-over-year, with AFFO per diluted share remaining unchanged at $0.55 [20]. Portfolio and Leasing - Occupancy rates improved to 90.6% in Q4 from 90.1% in the previous quarter, with the weighted average lease term increasing to seven years from 6.7 years [6][8]. - The company has three properties undergoing redevelopment, with the largest project expected to complete in Q2 2026, and anticipates occupancy to remain in the low nineties in the near term [9]. Capital Recycling and Transactions - Community Healthcare Trust sold an inpatient rehab facility at an approximate 7.9% cap rate, realizing a gain of about $11.5 million, and reinvested the proceeds into a new facility with an expected return of 9.3% [5][11]. - The company acquired three properties totaling 113,000 square feet for $64.5 million, all 100% leased with anticipated annual returns between 9.3% and 9.5% [12]. Dividend and Shareholder Returns - The company declared a fourth-quarter dividend of $0.4775 per share, which annualizes to $1.91, marking a consistent increase in dividends since its IPO [17].