Chiron Real Estate Inc. (GMRE) Form 8-K — Nov 4, 2026
Chiron Real Estate (NYSE: XRN) reported a Q3 2026 net loss to common stockholders of $8.9 million, or $0.67 per share, wider than the $6.0 million, or $0.45 per share, loss a year earlier. Core FFO fell to $0.75 per share and unit from $1.12, and FFO halved to $0.50 from $1.00 YoY. The decline reflects the company's strategic pivot to seniors housing: G&A rose to $7.7 million including $2.0 million of severance tied to the CIO transition, and operating expenses climbed as newly opened SHOP communities (The Riviera at 25.6% occupancy, The Pinnacle at 30.9% spot) remain in lease-up. In October the company closed the $173.2 million Pinnacle acquisition.
Key figures
- Revenue
- 40335000
- Total Debt
- 661700000
- Total Assets
- 1398956000
- Cash Position
- 13451000
- Severance expense
- 2000000
- Om leased occupancy
- 93.6%
- Reston land purchase
- 15400000
- Vernon sale proceeds
- 1900000
- Ffo per share q3 2025
- 1
- Ffo per share q3 2026
- 0.5
- Om annualized cash noi
- 101000000
- White rock cure amount
- 2600000
- Leverage pct gross assets
- 41.2%
- Core ffo per share q3 2025
- 1.12
- Core ffo per share q3 2026
- 0.75
- Pinnacle acquisition price
- 173200000
- Weighted avg interest rate
- 4.5%
- Same property cash noi growth
- +1.6%
- Net debt to annualized adjusted ebitdare
- 7.1x
AI analysis
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