Blue Owl Capital, through affiliates of its real estate platform, has agreed to acquire all outstanding shares of Sila Realty Trust Inc. (NYSE: SILA) for $30.38 per share in cash, implying a total equity value of approximately $2.4 billion.
The transaction has been unanimously approved by Sila’s board and is expected to close in the second or third quarter of 2026, subject to shareholder approval and customary conditions. Upon completion, Sila will be taken private and delisted from the NYSE. Sila Realty Trust is a healthcare-focused real estate investment trust that owns a diversified portfolio of net lease properties across the continuum of care. Its assets are underpinned by long-term triple-net leases and tenants with strong operating fundamentals, positioning the portfolio to generate stable, durable cash flows.
BofA Securities is serving as financial advisor to Sila, with Hogan Lovells U.S. LLP as legal counsel. Citigroup Global Markets is acting as financial advisor to Blue Owl, alongside Truist Securities, with Newmark Group as real estate advisor. Legal advisors include Kirkland & Ellis for Blue Owl and Dechert for the financial advisors.