Sila Realty Trust, Inc., or the Company, formerly known as Carter Validus Mission Critical REIT II, Inc., announced today that it closed the previously announced internalization transaction… The Company agreed to pay total consideration of $40 million in cash in connection with the transaction…
Category: Carter Validus
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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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Carter Validus Mission Critical REIT II, Inc. Fourth Quarter and Year Ended 2019 Results
Carter Validus Mission Critical REIT II, Inc., or the Company, a public, non-traded real estate investment trust focused on net-leased data center and healthcare properties, announced operating results for the fourth quarter and year ended December 31, 2019…
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Carter Validus Mission Critical REIT II, Inc. Announces Closing of Merger with Carter Validus Mission Critical REIT, Inc.
Carter Validus Mission Critical REIT II, Inc., or the Company, announced the completion of the merger with Carter Validus Mission Critical REIT, Inc., or CVREIT, in a cash and stock transaction, effective today. Following the merger, the Company is comprised of…
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Carter Validus Mission Critical REIT, Inc. to Merge with Carter Validus Mission Critical REIT II, Inc.
Carter Validus Mission Critical REIT, Inc. (“CVMC REIT I”) and Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”), both registered, non-traded real estate investment trusts focused on investing in income producing commercial real estate, announced today that the companies have entered into a definitive agreement to merge in a stock and cash transaction, creating an entity valued at approximately $3.2 billion…
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Carter Validus Mission Critical REIT, Inc. Fourth Quarter and Full Year 2018 Results
Carter Validus Mission Critical REIT, Inc., or the Company, a public, non-traded real estate investment trust focused on mission critical healthcare properties, announced operating results for the fourth quarter and full year ended December 31, 2018…
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Carter Validus Mission Critical REIT, Inc. Announced Today That the Board of Regents of the University of Texas System Has Entered into an Agreement to Lease Bay Area Regional Medical Center
Carter Validus Mission Critical REIT, Inc. (“we”, “us,” “our,” or the “Company”) announced today that the Board of Regents of the University of Texas System…
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Carter Validus Mission Critical REIT, Inc. Successfully Executes Strategy to Complete Monetization of All Data Center Assets
Carter Validus Mission Critical REIT, Inc. (“we”, “us,” “our,” or the “Company”) announced today that it sold the last data center in its data center asset portfolio for $15.0 million, successfully monetizing all of its data center assets…
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Carter Validus Mission Critical REIT II, Inc. Completes $64.47 Million in Data Center and Healthcare Acquisitions
Carter Validus Mission Critical REIT II, Inc. (“the Company”), announced today that it recently made two acquisitions consisting of a Silicon Valley data center and a specialty hospital for an aggrega…
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Carter Validus Mission Critical REIT, Inc. Completes Sales of Two Data Centers Totaling $85 Million
Carter Validus Mission Critical REIT, Inc. (the “Company”) announced today that it sold two data center properties for $85.0 million. Milwaukee Data Center Sale On June 11, 2018, the Company sold the…