Carter Validus Mission Critical REIT II, Inc. Enters into Definitive Agreement to Internalize Management, Announces Plan to Rebrand as Sila Realty Trust

The total consideration for the Internalization Transaction will be paid in cash and consists of approximately $40 million payable over an approximately two-year period, with $25 million to be paid at closing, $7.5 million to be paid on March 31, 2021, and $7.5 million to be paid on March 31, 2022, subject to acceleration in certain circumstances. The Internalization Transaction is expected to close on September 30, 2020, subject to the satisfaction of customary closing conditions…

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