- Blue Owl to acquire Sila Realty Trust in an all-cash deal valued at $2.4B.
- Sila owns 137 net-leased healthcare properties across 65 US markets.
- Sila shareholders will receive $30.38 per share; board approved the transaction.
- Deal expected to close in Q2 or Q3 2026; Sila to delist from NYSE.
Acquisition Targets Healthcare Real Estate
According to ConnectCRE, Blue Owl Capital affiliates have agreed to purchase Sila Realty Trust for $2.4B in cash. Sila, headquartered in Tampa, owns 137 net-leased healthcare properties and several land parcels, represented in 65 US markets. The acquisition will expand Blue Owl’s exposure to healthcare properties, strengthening its position in the net-lease sector.
Long-Term Growth Potential
Blue Owl executives described the move as a strategic way to gain access to scaled, durable cash flows with long-term growth prospects. Sila’s board unanimously approved the deal, citing the quality and vision behind its healthcare portfolio. Upon completion, Sila will be removed from NYSE trading.
Transaction Details
BofA Securities is advising Sila Realty Trust, with Hogan Lovells US LLP as legal counsel. Blue Owl’s advisory team includes Citigroup Global Markets, Truist Securities, and Newmark Group, with Kirkland & Ellis and Dechert LLP as legal counsel. The deal follows the firm’s broader push into alternative real estate sectors, including recent moves tied to data center investment platforms. The transaction is set to close in the second or third quarter of 2026.
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