Chiron Real Estate's second quarter revenue of $39.7M beats estimates as it executes pivot to senior housing.

Chiron Real Estate reported second quarter 2026 financial results showing progress on its portfolio repositioning towards senior housing. The company reported GAAP EPS of $4.78, significantly impacted by a large gain on asset sales, while Core Funds From Operations (Core FFO) was $1.04 per share, a decrease from $1.14 in the prior year period.

Key Highlights

• Core FFO was $1.04 per share for the quarter, compared to $1.14 per share in the same period last year.
• The company completed its first Seniors Housing Operating Portfolio (SHOP) investment, acquiring two communities for an aggregate purchase price of $249 million.
• Chiron sold a portfolio of seven Inpatient Rehabilitation Facilities for $217 million, generating proceeds for reinvestment and a significant gain on sale.
• Same-property cash net operating income for the Outpatient Medical portfolio grew 0.8% year-over-year.