Sila Realty Trust, Inc. Update: The Company Has Been Acquired

Hi everyone! If you’ve been following Sila Realty Trust, Inc. (Sila), there is a major update. The company is no longer a standalone public stock. Here is the breakdown of what happened and what it means for you.

1. What happened?

Sila Realty Trust has been acquired. On July 1, 2026, the company finished a merger with funds managed by Blue Owl Capital Inc. (NYSE: OWL). A subsidiary of Blue Owl merged with Sila, and Sila is now a wholly-owned subsidiary of Blue Owl. Because of this, the company no longer trades on the New York Stock Exchange (NYSE).

2. What does this mean for shareholders?

If you owned Sila shares (ticker: SILA) before this date, your shares were automatically cancelled. In exchange, you received the right to $30.38 in cash per share.

This price is about 19% higher than the company’s closing stock price on April 15, 2026, the last trading day before the merger was announced. You do not need to do anything to receive these funds. Your brokerage firm handles the conversion process automatically. The cash payment should appear in your account based on the number of shares you held.

3. Why did this happen?

Blue Owl Capital is a major investment manager. By acquiring Sila, Blue Owl is expanding its "Real Assets" platform. Specifically, they wanted control of Sila’s healthcare real estate portfolio.

Sila was a real estate investment trust (REIT) that owned high-quality healthcare properties like hospitals, medical office buildings, and rehabilitation facilities. By taking the company private, Blue Owl adds these specialized assets to its business. This move also removes the costs of running a publicly traded company.

4. Key Takeaways

• The Stock is Gone: You can no longer buy or sell Sila stock on the NYSE. The "SILA" ticker is delisted, and the company no longer files public reports with the SEC.
• The Portfolio: Sila’s portfolio included 137 properties across 34 states, totaling about 10.6 million square feet of space. These assets are now part of Blue Owl’s platform.
• Investor Approval: Investors strongly supported the deal. At a special meeting on June 26, 2026, stockholders representing about 98% of the shares voted in favor of the merger.

5. What should you do now?

• Check your brokerage account: Confirm that the cash payment of $30.38 per share arrived in your account. If you don't see it, contact your brokerage’s customer service team.
• Taxes: This cash-out is a "taxable event." Since your shares were cancelled for cash, you have effectively sold your position. You may owe capital gains taxes based on your original purchase price. Talk to a tax professional or review your year-end 1099-B tax forms from your broker to see if you owe taxes.
• Look ahead: Because the company is no longer public, there are no more earnings reports to track. Since you have been cashed out, you now have the opportunity to redeploy that capital into other investment opportunities that better fit your current portfolio goals.

Disclaimer: I’m just breaking down the news for you! This isn’t financial advice. Always do your own research or talk to a professional before making decisions about your investments or taxes.