Blue Owl to Acquire Sila Realty Trust for $2.4B

Blue Owl Capital will acquire health care-focused REIT Sila Realty Trust in a deal valued at $2.4 billion. Blue Owl affiliates will buy Sila Realty Trust and absorb its 137 developed properties nationwide.

The acquisition price corresponds to $30.38 per share, implying a 19% premium to Sila Realty Trust’s stock price at Friday’s close. The announcement triggered a 20% surge in Sila’s share price at market open. The transaction is positioned as a scaled portfolio purchase with durable cash flows.