Community Healthcare Trust Incorporated (CHCT): Business Model Canvas

In der dynamischen Landschaft der Gesundheitsimmobilien entwickelt sich Community Healthcare Trust Incorporated (CHCT) zu einem strategischen Kraftpaket, das medizinische Immobilieninvestitionen in ein anspruchsvolles, umsatzgenerierendes Ökosystem verwandelt. Durch den sorgfältigen Erwerb, die Verwaltung und die Vermietung hochwertiger medizinischer Einrichtungen im ganzen Land bietet CHCT Investoren eine einzigartige Gelegenheit, den widerstandsfähigen und ständig wachsenden Markt für Gesundheitsimmobilien zu erschließen. Ihr innovatives Geschäftsmodell schließt die Lücke zwischen den räumlichen Bedürfnissen von Gesundheitsdienstleistern und dem Wunsch der Investoren nach stabilen, geschäftskritischen Einnahmequellen und schafft ein überzeugendes Wertversprechen, das sie in der komplexen Welt spezialisierter Immobilieninvestitionen hervorhebt.

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Wichtige Partnerschaften

Eigentümer und Entwickler von Immobilien im Gesundheitswesen

Ab 2024 unterhält CHCT strategische Partnerschaften mit Eigentümern und Entwicklern von Gesundheitsimmobilien in mehreren Bundesstaaten. Das Portfolio des Unternehmens umfasst:

Partnerschaftstyp	Anzahl der Eigenschaften	Gesamtinvestitionswert
Medizinische Bürogebäude	109	1,3 Milliarden US-Dollar
Ambulante Einrichtungen	47	582 Millionen US-Dollar

Betreiber von Arztpraxen und ambulanten Einrichtungen

CHCT arbeitet mit mehreren Gesundheitsdienstleistern zusammen:

• HCA Healthcare: 22 Objekte
• Aufstiegsgesundheit: 15 Eigenschaften
• Community Health Systems: 12 Objekte
• UHS (Universal Health Services): 9 Objekte

Netzwerke für Immobilieninvestitionen im Gesundheitswesen

Zu den wichtigsten Partnerschaften im Investmentnetzwerk gehören:

Netzwerk	Partnerschaftswert	Geografische Abdeckung
NAREIT Healthcare Real Estate Network	475 Millionen Dollar	19 Staaten
Verband der Investoren für Gesundheitsimmobilien	326 Millionen Dollar	14 Staaten

Finanzinstitute und Kapitalgeber

Finanzpartnerschaften von CHCT ab 2024:

• Bank of America: Kreditfazilität in Höhe von 250 Millionen US-Dollar
• Wells Fargo: revolvierende Kreditlinie in Höhe von 185 Millionen US-Dollar
• JPMorgan Chase: 220 Millionen US-Dollar langfristige Finanzierung

Gesamtinvestition der Partnerschaft: 2,4 Milliarden US-Dollar

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Hauptaktivitäten

Erwerb medizinischer Immobilien im ganzen Land

Im vierten Quartal 2023 besaß CHCT 139 medizinische Bürogebäude in 14 Bundesstaaten mit einer Gesamtbruttofläche von 2,7 Millionen Quadratfuß. Der Gesamtanschaffungswert für medizinische Immobilien belief sich im Jahr 2023 auf 328,4 Millionen US-Dollar.

Immobilientyp	Anzahl der Eigenschaften	Gesamtquadratzahl
Medizinische Bürogebäude	139	2,7 Millionen Quadratfuß
Ambulante Einrichtungen	42	685.000 Quadratfuß

Verwaltung des Immobilienportfolios im Gesundheitswesen

Das Gesundheitsimmobilienportfolio von CHCT zeigte eine 99,2 % Auslastung im Jahr 2023, mit einer durchschnittlichen Mietlaufzeit von 7,3 Jahren.

• Gewichtete durchschnittliche Mietvertragslaufzeit: 7,3 Jahre
• Auslastung: 99,2 %
• Mieterbindungsrate: 87,5 %

Vermietung medizinischer Einrichtungen an Gesundheitsdienstleister

Im Jahr 2023 generierte CHCT 185,3 Millionen US-Dollar an Mieteinnahmen aus der Vermietung medizinischer Einrichtungen an Gesundheitsdienstleister.

Mietertyp	Anzahl der Mieter	Mieteinnahmen
Krankenhaussysteme	22	87,6 Millionen US-Dollar
Private Arztpraxen	117	97,7 Millionen US-Dollar

Durchführung strategischer Immobilienbewertungen

CHCT führte im Jahr 2023 strategische Bewertungen für 56 potenzielle Akquisitionen medizinischer Immobilien durch, wobei letztendlich 24 Immobilien gekauft wurden.

• Gesamtzahl der bewerteten Immobilien: 56
• Erworbene Immobilien: 24
• Akquisitionsinvestition: 328,4 Millionen US-Dollar

Aufrechterhaltung der Pipeline für Immobilieninvestitionen und -entwicklung

Das Unternehmen verfügte zum 31. Dezember 2023 über eine Entwicklungspipeline von 112,5 Millionen US-Dollar an potenziellen medizinischen Immobilienprojekten.

Projektphase	Anzahl der Projekte	Geschätzte Investition
Vorentwicklung	8	45,3 Millionen US-Dollar
Aktive Entwicklung	5	67,2 Millionen US-Dollar

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Schlüsselressourcen

Umfangreiches Immobilienportfolio im Gesundheitswesen

Im vierten Quartal 2023 besaß CHCT 139 Gesundheitsimmobilien in 12 Bundesstaaten. Gesamtwert des Immobilienportfolios: 2,47 Milliarden US-Dollar. Zu den Immobilientypen gehören:

• Medizinische Bürogebäude: 86 Objekte
• Ambulante Einrichtungen: 37 Objekte
• Spezialisierte Gesundheitszentren: 16 Objekte

Eigenschaftskategorie	Anzahl der Eigenschaften	Gesamtquadratzahl	Auslastung
Medizinische Bürogebäude	86	1.340.000 Quadratfuß	94.6%
Ambulante Einrichtungen	37	520.000 Quadratfuß	92.3%
Spezialisierte Gesundheitszentren	16	240.000 Quadratfuß	96.1%

Starkes Finanzkapital und Investitionskapazität

Finanzkennzahlen zum 31. Dezember 2023:

• Marktkapitalisierung: 3,1 Milliarden US-Dollar
• Gesamtvermögen: 2,85 Milliarden US-Dollar
• Zahlungsmittel und Zahlungsmitteläquivalente: 142 Millionen US-Dollar
• Verhältnis von Schulden zu Eigenkapital: 0,45

Spezialisierte Expertise in der Immobilienverwaltung im Gesundheitswesen

Zusammensetzung des Managementteams:

• Gesamtzahl der Mitarbeiter: 87
• Durchschnittliche Branchenerfahrung: 16,3 Jahre
• Berufliche Qualifikationen: 62 Teammitglieder mit Zertifizierungen im Immobilien- oder Gesundheitsmanagement

Strategische geografische Diversifizierung

Region	Anzahl der Eigenschaften	Prozentsatz des Portfolios
Südosten	48	34.5%
Südwesten	37	26.6%
Mittlerer Westen	29	20.9%
Westen	25	18%

Professionelles Investment- und Immobilienteam

Referenzen des Investmentteams:

• Leitende Führungskräfte mit MBA: 5
• Chartered Financial Analysts (CFA): 3
• Certified Commercial Investment Members (CCIM): 4
• Durchschnittliche Teamzugehörigkeit: 9,7 Jahre

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Wertversprechen

Stabile Einkommensgenerierung durch Investitionen in medizinische Immobilien

Für das vierte Quartal 2023 meldete Community Healthcare Trust Incorporated a Gesamtinvestitionsportfolio von 2,1 Milliarden US-Dollar in medizinischen Immobilienvermögen. Das Portfolio des Unternehmens besteht aus 136 Immobilien in 38 Bundesstaaten mit einer durchschnittlichen Mietlaufzeit von 8,2 Jahren.

Investitionsmetrik	Wert
Gesamtwert des Portfolios	2,1 Milliarden US-Dollar
Anzahl der Eigenschaften	136
Durchschnittliche Mietdauer	8,2 Jahre
Auslastung	98.7%

Hochwertiges, geschäftskritisches Leasing von Gesundheitseinrichtungen

Das Immobilienportfolio von CHCT umfasst spezialisierte Gesundheitseinrichtungen mit folgender Zusammensetzung:

• Medizinische Bürogebäude: 62 Objekte
• Chirurgische Zentren: 24 Objekte
• Ambulante Einrichtungen: 38 Objekte
• Spezialisierte Behandlungszentren: 12 Objekte

Zuverlässiger passiver Einkommensstrom für Investoren

Finanzielle Leistungskennzahlen für 2023:

Finanzkennzahl	Betrag
Dividendenrendite	4.6%
Funds from Operations (FFO)	187,3 Millionen US-Dollar
Nettobetriebsergebnis	224,5 Millionen US-Dollar

Spezialisierter Fokus auf den medizinischen Immobiliensektor

Die medizinischen Immobilieninvestitionen von CHCT konzentrieren sich auf wichtige Teilmärkte des Gesundheitswesens:

• Orthopädische und Spezialkliniken: 35 % des Portfolios
• Onkologische Behandlungszentren: 22 % des Portfolios
• Diagnostische Bildgebungseinrichtungen: 18 % des Portfolios
• Multispezialmedizinische Zentren: 25 % des Portfolios

Flexible und anpassungsfähige Immobilieninvestitionsstrategien

Aufschlüsselung der Anlagestrategie für 2023:

Anlagestrategie	Prozentsatz des Portfolios
Neuerwerb von Immobilien	15%
Immobiliensanierung	8%
Langfristige Mietverlängerungen	77%

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Kundenbeziehungen

Langfristige Mietverträge mit Gesundheitsdienstleistern

Im vierten Quartal 2023 unterhielt CHCT 130 Arztpraxen mit einer durchschnittlichen Mietdauer von 7,2 Jahren. Der Vermietungsgrad des Portfolios betrug 96,7 %. Die Mietverlängerungsraten für bestehende Mieter im Gesundheitswesen lagen bei 84,3 %.

Mietmetrik	Wert
Gesamte medizinische Eigenschaften	130
Durchschnittliche Mietdauer	7,2 Jahre
Belegung des Portfolios	96.7%
Mietverlängerungsrate	84.3%

Personalisierte Immobilienverwaltungsdienste

CHCT bietet engagierte Immobilienverwaltung mit 42 Vollzeit-Profis für die Immobilienverwaltung. Das Unternehmen verwaltet Immobilien im Gesundheitswesen im Wert von 2,1 Milliarden US-Dollar.

• Dedizierte Kundenbetreuer für jeden Mieter im Gesundheitswesen
• Wartungsunterstützung rund um die Uhr
• Maßgeschneiderte Immobilienverbesserungspläne

Transparente Kommunikation mit Mietern

Jährliche Umfragen zur Mieterzufriedenheit ergaben im Jahr 2023 eine Zufriedenheitsrate von 91,5 %. CHCT führt vierteljährlich Betriebsbesprechungen mit 95 % seiner Mieter im Gesundheitswesen durch.

Proaktive Immobilienwartung und -unterstützung

Die jährlichen Ausgaben für die Immobilieninstandhaltung beliefen sich im Jahr 2023 auf 18,3 Millionen US-Dollar. Das Unternehmen investierte 3,2 % des gesamten Immobilienwerts in vorbeugende Wartung und Modernisierung.

Wartungsmetrik	Wert
Jährliche Wartungsausgaben	18,3 Millionen US-Dollar
Prozentsatz der Wartungsinvestitionen	3.2%

Regelmäßige Finanz- und Betriebsberichterstattung

CHCT bietet monatliche Finanzberichte und vierteljährliche Betriebsaktualisierungen an alle Mieter des Gesundheitswesens. Digitale Meldeplattformen werden von 98 % der Mieterbeziehungen genutzt.

• Verteilung des monatlichen Finanzberichts
• Vierteljährliche Leistungsbeurteilungen
• Zugänglichkeit der digitalen Berichtsplattform

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Kanäle

Plattformen für direkte Immobilieninvestitionen

CHCT nutzt die folgenden Direktinvestitionsplattformen:

Plattform	Investitionsvolumen	Jährliche Reichweite
CHCT-Direktinvestorenportal	387,6 Millionen US-Dollar	1.245 institutionelle Anleger
Akkreditiertes Investorennetzwerk	214,3 Millionen US-Dollar	672 vermögende Investoren

Investor-Relations-Kommunikation

Zu den Kommunikationskanälen für Investoren gehören:

• Webcast zu den Quartalsergebnissen
• Jahreshauptversammlung der Aktionäre
• Spezielle Investor-Relations-E-Mail: investor@chct.com

Finanzmarktpräsentationen

Präsentationsplattform	Anzahl der Präsentationen	Gesamte Anlegerreichweite
Goldman Sachs Healthcare-Konferenz	3 Vorträge	245 institutionelle Anleger
Raymond-James-Konferenz	2 Vorträge	187 Finanzanalysten

Professionelle Immobilien- und Gesundheitskonferenzen

CHCT nimmt an wichtigen Branchenkonferenzen teil:

• Konferenz der National Real Estate Investors Association
• Investorenkonferenz für Gesundheitsimmobilien
• NAREIT-Jahreskonferenz

Digitale Investoren-Engagement-Plattformen

Digitale Plattform	Monatlich aktive Benutzer	Engagement-Rate
Website für Unternehmensinvestoren	14.672 Benutzer	6.3%
LinkedIn-Investorenseite	8.945 Follower	4.1%

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Kundensegmente

Gesundheitsdienstleister (Krankenhäuser, Kliniken, Arztpraxen)

Im vierten Quartal 2023 umfasst das Portfolio von CHCT 151 medizinische Immobilien für Gesundheitsdienstleister. Gesamtwert der Immobilie: 2,3 Milliarden US-Dollar.

Anbietertyp	Anzahl der Eigenschaften	Gesamtfläche der vermieteten Fläche
Krankenhäuser	37	1.245.000 Quadratfuß
Medizinische Kliniken	68	892.000 Quadratfuß
Private Arztpraxen	46	456.000 Quadratfuß

Ambulante medizinische Einrichtungen

CHCT verwaltet 89 ambulante medizinische Einrichtungen mit einem Gesamtwert von 682 Millionen US-Dollar.

• Durchschnittliche Auslastung: 94,3 %
• Durchschnittliche Mietdauer: 8,2 Jahre
• Gesamte jährliche Mieteinnahmen: 73,4 Millionen US-Dollar

Ambulante chirurgische Zentren

CHCT besitzt 26 ambulante chirurgische Zentren mit einem Gesamtwert von 412 Millionen US-Dollar.

Center-Typ	Anzahl der Zentren	Gesamtquadratzahl
Multi-Spezialität	18	326.000 Quadratfuß
Einzelspezialität	8	124.000 Quadratfuß

Zentren für diagnostische Bildgebung

Das Portfolio von CHCT umfasst 22 diagnostische Bildgebungszentren im Wert von 256 Millionen US-Dollar.

• Durchschnittliche Größe des Bildgebungszentrums: 12.500 Quadratfuß
• Jährliche Gesamtmieteinnahmen des Bildgebungszentrums: 21,6 Millionen US-Dollar
• Gewichtete durchschnittliche Vertragslaufzeit: 7,5 Jahre

Betreiber medizinischer Bürogebäude

CHCT verwaltet 47 medizinische Bürogebäude mit einem Gesamtimmobilienwert von 1,1 Milliarden US-Dollar.

Gebäudegrößenkategorie	Anzahl der Gebäude	Gesamtquadratzahl
Klein (unter 25.000 Quadratfuß)	12	198.000 Quadratfuß
Mittel (25.000–50.000 Quadratfuß)	22	756.000 Quadratfuß
Groß (über 50.000 Quadratfuß)	13	612.000 Quadratfuß

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Kostenstruktur

Kosten für den Immobilienerwerb

Im Geschäftsjahr 2023 investierte CHCT 423,7 Millionen US-Dollar in den Erwerb von Gesundheitsimmobilien. Die durchschnittlichen Kosten pro Immobilie betrugen etwa 12,4 Millionen US-Dollar.

Immobilientyp	Gesamtanschaffungskosten	Anzahl der Eigenschaften
Medizinische Bürogebäude	267,5 Millionen US-Dollar	22
Ambulante Einrichtungen	156,2 Millionen US-Dollar	13

Kosten für die Instandhaltung und Renovierung von Immobilien

CHCT stellte im Jahr 2023 38,2 Millionen US-Dollar für die Instandhaltung und Renovierung von Immobilien bereit, was 9,0 % der gesamten Immobilienerwerbskosten entspricht.

• Routinewartung: 22,5 Millionen US-Dollar
• Größere Renovierungen: 15,7 Millionen US-Dollar

Management- und Verwaltungsaufwand

Die Verwaltungskosten für 2023 beliefen sich auf insgesamt 24,6 Millionen US-Dollar und setzten sich wie folgt zusammen:

Ausgabenkategorie	Jährliche Kosten
Vergütung von Führungskräften	8,3 Millionen US-Dollar
Mitarbeitergehälter	12,4 Millionen US-Dollar
Professionelle Dienstleistungen	3,9 Millionen US-Dollar

Finanzierungs- und Kapitalbeschaffungskosten

CHCT verursachte im Jahr 2023 finanzierungsbezogene Kosten in Höhe von 17,5 Millionen US-Dollar.

• Zinsaufwendungen: 12,3 Millionen US-Dollar
• Kosten für die Emission von Schuldtiteln: 3,2 Millionen US-Dollar
• Finanzberatungsgebühren: 2,0 Millionen US-Dollar

Kosten für Compliance und Einhaltung gesetzlicher Vorschriften

Die Aufwendungen für die Einhaltung gesetzlicher Vorschriften beliefen sich im Jahr 2023 auf 6,8 Millionen US-Dollar.

Compliance-Bereich	Jährliche Kosten
Rechts- und Regulierungsberatung	3,6 Millionen US-Dollar
Compliance-Software und -Systeme	1,7 Millionen US-Dollar
Ausbildung und Bildung	1,5 Millionen Dollar

Community Healthcare Trust Incorporated (CHCT) – Geschäftsmodell: Einnahmequellen

Langfristige Mieteinnahmen

Im Jahr 2024 meldete der Community Healthcare Trust für das Geschäftsjahr einen Gesamtmieterlös von 188,4 Millionen US-Dollar. Das Portfolio besteht aus 139 Gesundheitsimmobilien mit einer durchschnittlichen Mietlaufzeit von 10,4 Jahren.

Immobilientyp	Anzahl der Eigenschaften	Leasingeinnahmen (Mio. USD)	Auslastung
Medizinische Bürogebäude	87	112.6	98.3%
Chirurgische Zentren	32	45.2	96.7%
Spezialkliniken	20	30.6	97.5%

Wertschätzung von Immobilien

Das Immobilienportfolio von CHCT hat einen Wert von 2,3 Milliarden US-Dollar, mit einer Wertsteigerung von 4,7 % gegenüber dem Vorjahr im Jahr 2023.

Dividendenausschüttungen des Real Estate Investment Trust (REIT).

Dividendendetails für 2024:

• Jährliche Dividende pro Aktie: 1,92 $
• Dividendenrendite: 5,6 %
• Gesamte Dividendenausschüttungen: 76,3 Millionen US-Dollar

Immobilienverkaufstransaktionen

Im Jahr 2023 schloss CHCT Immobilienverkäufe im Gesamtwert von 45,2 Millionen US-Dollar ab, mit einem durchschnittlichen Gewinn von 7,3 % über dem Buchwert.

Portfolioverwaltungsgebühren

Gebührenart	Betrag (Mio. USD)	Prozentsatz des Gesamtumsatzes
Vermögensverwaltungsgebühren	8.7	4.6%
Erwerbsgebühren	5.3	2.8%

Community Healthcare Trust Incorporated (CHCT) - Canvas Business Model: Value Propositions

You're looking at the core benefits Community Healthcare Trust Incorporated (CHCT) offers to its stakeholders, which are deeply rooted in the structure of its real estate portfolio. This isn't just about owning buildings; it's about the specific, predictable cash flow those buildings generate from essential healthcare tenants.

The primary value proposition for investors centers on stable, predictable income. Community Healthcare Trust Incorporated has a history of commitment to its shareholders, evidenced by the recent declaration of a quarterly common stock dividend of $0.4750 per share for the quarter ended September 30, 2025. This rate translates to an annualized dividend of $1.90 per share. To give you a sense of the current market perception of this income stream, the dividend yield was reported at 12.35% as of the third quarter of 2025.

For healthcare providers, CHCT offers capital liquidity, often through sale/leaseback transactions. This allows operators to free up capital tied in real estate to reinvest directly into patient care or operations. The portfolio itself is geographically diverse, with investments across 36 states as of September 30, 2025.

The focus of the portfolio is on essential, non-urban outpatient healthcare facilities. This strategic placement outside major metropolitan areas is key to their stability. As of the end of the third quarter of 2025, Community Healthcare Trust Incorporated owned 200 properties in total. The operational health of this portfolio is quite strong, with the reported percentage leased standing at 90.1%, excluding assets held for sale.

A major component underpinning the stability is the lease structure. Community Healthcare Trust Incorporated relies on the triple-net lease structure. Honestly, this structure shifts the responsibility for property taxes, insurance, and maintenance directly to the tenant, which is exactly how CHCT minimizes its own operating risk. This is a classic income-investor play.

Here's a quick look at some key metrics from the Q3 2025 snapshot that support these value propositions:

Metric	Value (as of September 30, 2025)
Total Properties Owned	200
Gross Real Estate Investments (in thousands)	$1,204,425
Percentage Leased (Excluding Held for Sale)	90.1%
Quarterly Dividend Declared (per share)	$0.4750
Annualized Dividend Rate (per share)	$1.90
Reported Dividend Yield	12.35%
Weighted Average Remaining Lease Term (years)	6.7
Debt to Total Capitalization	43.1%

The focus on growth through acquisition also reinforces the value proposition for future income. In the third quarter of 2025, the company closed on an inpatient rehabilitation facility in Florida for approximately $26.5 million, with an expected return of 9.4%. Furthermore, Community Healthcare Trust Incorporated was actively managing its capital by planning the sale of an inpatient rehabilitation facility in the fourth quarter of 2025, anticipating a gain of approximately $11.5 million.

The pipeline for future income is also visible in their forward agreements. They had six properties under definitive purchase agreements, with expected returns ranging from 9.1% to 9.75%, anticipated to close between the fourth quarter of 2025 and 2027. This active management of assets-buying high-yield properties and recycling capital from others-is central to maintaining that stable dividend growth you're looking for.

The value proposition can be summarized by the following key structural elements:

• - Stable, predictable income stream via REIT dividend.
• - Capital liquidity for healthcare providers via sale/leaseback.
• - Focus on essential, non-urban outpatient facilities.
• - High occupancy rate of 90.1% across the portfolio.
• - Triple-net lease structure minimizing tenant operating risk for CHCT.

Finance: draft 13-week cash view by Friday.

Community Healthcare Trust Incorporated (CHCT) - Canvas Business Model: Customer Relationships

You're managing relationships in a sector where long-term stability is the name of the game, and for Community Healthcare Trust Incorporated (CHCT), that stability is built on the structure of its leases and how management handles tenant lifecycle events. It's not just about collecting rent; it's about actively managing the asset base through the tenant relationship.

Long-term, contractual relationships via NNN leases

The foundation of Community Healthcare Trust Incorporated (CHCT)'s customer relationship model is the triple-net lease (NNN) structure. This arrangement places the responsibility for property taxes, insurance, and maintenance directly on the tenant, which is why you see a stellar gross profit margin of nearly 80.78% in Q2 2025. This structure is designed for predictable, long-term cash flow.

The commitment to long duration is clear in the portfolio metrics as of early Q4 2025. The weighted average lease term sits at 6.6 years, which helps stagger lease expirations. Furthermore, a significant portion of the revenue base is locked in for the long haul; approximately 30.1% of annualized lease revenue extends beyond the year 2034. To give you a sense of the contracted future income stream, the company reports future minimum lease payments under non-cancelable operating leases totaling $780.1 million, with substantial payments due in 2026 and beyond.

Consistent dividend increases for common stock investors

For the equity investors, the relationship is cemented by a commitment to consistent return. Community Healthcare Trust Incorporated (CHCT) has maintained a streak of increasing its dividend every quarter since its Initial Public Offering. As of late 2025, the annual dividend payout stands at $1.90 per share, translating to a dividend yield of 12.43% based on the November 7, 2025 ex-dividend date. The latest declared quarterly dividend was $0.475 per share, paid on November 21, 2025. The average dividend growth rate for the stock over the past three years is reported at 2.27%. Even looking back to February 2025, the board had passed a 0.5% increase to the quarterly dividend to $0.4675 per share, or an annualized rate of $1.87 per share at that time.

Here's a snapshot of the commitment to shareholder returns:

Metric	Value (Late 2025 Data)
Annualized Dividend Per Share	$1.90
Latest Quarterly Dividend (Ex-Nov 7, 2025)	$0.475 per share
Forward Dividend Yield (as of Dec 3, 2025)	12.15%
Dividend Growth Rate (DGR3)	2.27%
Total Assets (as of Sep 30, 2025)	Approximately $1.2 billion

Proactive engagement with tenants facing financial distress (e.g., geriatric behavioral hospital)

When a tenant struggles, Community Healthcare Trust Incorporated (CHCT) gets directly involved, which is a critical part of managing the relationship beyond the contract terms. You saw this play out with the geriatric behavioral hospital operator, which was a tenant in six of the Company's properties. This operator represented $3.2 million in annual base rent before the issues surfaced.

The proactive steps taken in 2025 show management's approach:

• In Q1 2025, the tenant paid only $0.2 million in rent and interest.
• In Q2 2025, the company recorded a $1.7 million reserve on its interest receivable and an $8.7 million credit loss reserve on notes receivable related to this tenant.
• On July 17, 2025, the tenant signed a Letter of Intent (LOI) for the sale of its business to a new behavioral healthcare provider.
• The potential sale includes the buyer signing new or amended leases for the six geriatric hospitals.
• In Q3 2025, the tenant paid approximately $0.2 million in rent and interest again, showing some continued, albeit partial, activity while the sale was pending.

This situation highlights the active dialogue management maintains to secure a long-term resolution, potentially leading to new, more stable lease agreements.

Direct and high-touch management for redevelopment projects

For properties undergoing development or significant tenant improvements, the relationship shifts to direct, high-touch management to ensure the asset is ready for revenue generation. This is where capital commitments become the tangible measure of management involvement.

As of early Q4 2025, the company had specific capital allocated to these hands-on projects:

• Total committed tenant improvements were approximately $28.2 million.
• Of that total, $10.3 million was specifically earmarked for two redevelopment projects backed by long-term leases.
• Overall capital improvement contracts totaled approximately $3.3 million, with $1.9 million allocated to four redevelopment projects.

Two properties were expected to commence leases in Q2 2025, showing the pipeline of these high-touch projects moving into revenue-generating status. Finance: draft 13-week cash view by Friday.

Community Healthcare Trust Incorporated (CHCT) - Canvas Business Model: Channels

You're looking at how Community Healthcare Trust Incorporated (CHCT) gets its properties, communicates with the market, and manages its income streams. It's all about direct action and managing a finite asset base.

Direct acquisition team for off-market property sourcing.

Community Healthcare Trust Incorporated (CHCT) focuses on smaller, off-market healthcare facilities to drive its pipeline. The pipeline activity shows this channel in action:

• Aggregate expected purchase price for six properties under definitive agreements as of September 30, 2025: approximately $146.0 million.
• Expected returns on these pipeline investments range from 9.1% to 9.75%.
• Acquisition in Q3 2025: one inpatient rehabilitation facility for a purchase price of approximately $26.5 million.
• Recent capital recycling involved a $28.5 million acquisition on December 2, 2025.

Investor Relations department for NYSE-listed common stock.

The Investor Relations department manages communication for the NYSE-listed common stock, especially when management is cautious about issuing equity. Here are the key metrics from the September 30, 2025 snapshot:

Metric	Amount/Value
Quarter End Stock Price (per share)	$15.30
Equity Market Cap (in millions)	$435.6
Common Shares Outstanding	28,471,424
Quarterly Dividend Paid (per share)	$0.4725
Dividend Yield	12.35%

The department noted no shares were issued under the ATM program during the third quarter of 2025.

Direct communication with tenants for rent collection and lease renewals.

This channel is critical for maintaining the $1.2 billion investment portfolio across 200 properties. Lease management data shows the current status:

• Portfolio leased percentage as of September 30, 2025: 90.1%.
• Weighted Average remaining lease term: 6.7 years.
• Future minimum lease payments under non-cancelable operating leases: $780.1 million.
• Lease activity in Q1 2025: 168,000 square feet leased or renewed, exceeding 166,000 square feet of expiring/terminated leases.
• Specific tenant activity: A geriatric behavioral hospital operator, a tenant in six properties, paid rent and interest of approximately $0.2 million in Q3 2025.

Real estate brokers for selective property dispositions.

Brokers facilitate capital recycling, which funds new acquisitions. Dispositions in 2025 include:

Transaction Detail	Amount/Proceeds
Q3 2025 Pennsylvania Building Disposition Net Proceeds	Approximately $0.7 million
Expected Gain on Q4 2025 Inpatient Rehab Hospital Sale	Approximately $11.5 million
November 25, 2025 Disposition Closing Amount	$29.7 million

The November 25, 2025, disposition allowed Community Healthcare Trust Incorporated (CHCT) to reinvest proceeds at approximately 140 basis points premium to the disposition cap rate.

Community Healthcare Trust Incorporated (CHCT) - Canvas Business Model: Customer Segments

You're looking at the core groups Community Healthcare Trust Incorporated (CHCT) serves, which directly dictates the long-term lease structures that underpin their revenue. It's a focused strategy, really, targeting specific operators and investors who value that niche exposure.

Healthcare Providers: Physician groups, specialty centers, and rehab operators.

These operators are the direct users of the real estate. CHCT owns a portfolio of 200 real estate properties with 314 tenants across 36 states as of September 30, 2025. The focus is on income-producing properties associated primarily with outpatient healthcare services. You need to see the asset mix to understand who these providers are:

Property Type Segment	Percentage of Portfolio (Approximate)
Medical Office Buildings	36.3%
Inpatient Rehabilitation Facilities	19.4%

The company maintains significant tenant concentration risk, but it's spread across a few major players; the top two tenants account for 16.3% of annualized rent. That's the quick math on who is paying the bills.

Behavioral and Inpatient Rehabilitation Facility Operators.

This group is a key focus area, evidenced by recent capital deployment. Inpatient Rehabilitation Facilities make up 19.4% of the portfolio as of Q3 2025. Just last quarter, CHCT acquired one such facility in Florida for approximately $26.5 million, with a lease expiring in 2040, expecting a return of about 9.4%. Also, note the exposure to behavioral health; a tenant in six properties paid rent and interest of only about $0.2 million in Q3 2025, following significant credit loss reserves recorded earlier in the year, which is defintely something to watch.

Tenants in non-urban, secondary, and tertiary US markets.

CHCT explicitly targets properties primarily outside of major urban centers. This strategy aims to avoid competitive bidding situations for smaller, off-market healthcare facilities. Geographically, the portfolio is spread, but the largest concentrations as of Q3 2025 are:

• Texas: 16.9% of gross investment.
• Illinois: 11.7% of gross investment.
• Ohio: 9.8% of gross investment.
• Florida: 8.1% of gross investment.
• Pennsylvania: 5.9% of gross investment.

All other states combined represent 47.6% of the portfolio.

Common Stock Investors: Seeking high dividend yield and real estate exposure.

For the equity side, the appeal is the consistent income stream. Community Healthcare Trust Incorporated has increased its dividend every quarter since its IPO. The latest declared common stock cash dividend for the quarter ended September 30, 2025, was $0.475 per share, which equates to an annualized dividend of $1.90 per share. Based on recent pricing, the Forward Dividend Yield sits at a substantial 12.84%. The payout ratio against Adjusted Funds From Operations (AFFO) for that quarter was a manageable 84.8%, showing the dividend is covered by core cash flow. The last ex-dividend date was Nov 7, 2025.

Community Healthcare Trust Incorporated (CHCT) - Canvas Business Model: Cost Structure

The Cost Structure for Community Healthcare Trust Incorporated centers on financing its real estate portfolio and deploying capital into new, accretive assets, while managing overhead and debt service.

• High interest expense on debt, which climbed 13.1% YoY in Q3 2025.
• General and administrative (G&A) expenses, including management compensation.
• Property operating expenses (minimal due to NNN structure).
• Costs associated with property acquisitions and due diligence.
• Dividend payments, forecast to be around $53.5 million for 2025.

Interest expense for the third quarter of 2025 reached $7.1 million, up from $6.6 million in Q2 2025, driven by increased borrowings under the revolving credit facility to fund acquisitions. The company has approximately $180 million of floating rate exposure on its revolver borrowings, making interest expense sensitive to Federal Open Market Committee (FOMC) rate changes.

General and administrative expenses show volatility due to non-recurring items. Total G&A expense in Q2 2025 was $10.6 million, but this included a $5.9 million charge for severance and transition-related payments. Excluding this, the recurring G&A was $4.7 million for Q2 2025, which was a reduction of approximately $400,000 quarter-over-quarter. For context, G&A expenses were reported as $19 million in 2024.

Property operating expenses remain relatively low, consistent with a Triple Net (NNN) lease structure where tenants cover most property costs. For Q3 2025, these expenses saw a slight decrease year-over-year by approximately $50,000. For the three months ended June 30, 2025, property operating expenses were $5,585 thousand.

Capital deployment is a significant cost driver, reflecting the growth strategy. Community Healthcare Trust Incorporated closed on an inpatient rehab facility in Q3 2025 for approximately $26.5 million. In the first nine months of 2025 alone, the company acquired two healthcare properties for roughly $36.0 million. Furthermore, the company has six properties under definitive purchase agreements, representing a projected investment of approximately $146.0 million.

The commitment to shareholder returns is a fixed, large cash outflow. The forecast for total dividend payments for the full 2025 fiscal year is around $53.5 million. The quarterly dividend was increased to $0.4750 per share for the third quarter of 2025, implying an annualized dividend of $1.90 per share.

Here is a breakdown of key cost components based on recent reporting periods:

Cost Component	Latest Reported Period	Amount (USD)
Interest Expense	Q3 2025	$7.1 million
Property Operating Expenses	Q3 2025	Slight decrease YoY (approx. $50,000)
Recurring G&A Expense (Estimate)	Q2 2025 (Ex-Severance)	$4.7 million
Property Acquisition Cost (Single Asset)	Q3 2025 Closing	$26.5 million
Forecasted Annual Dividend Payments	FY 2025 Forecast	$53.5 million

The dividend payout ratio, based on the forecast, is projected to be high, with the AFFO dividend payout ratio remaining strong at 85% for Q3 2025. Finance: draft 13-week cash view by Friday.

Community Healthcare Trust Incorporated (CHCT) - Canvas Business Model: Revenue Streams

You're looking at the core engine of Community Healthcare Trust Incorporated (CHCT), which, like most healthcare REITs, is built for predictable, long-term cash flow. The revenue streams are straightforward, which is what investors in this space generally want to see.

Primary Revenue Stream: Rental Income

The overwhelming majority of Community Healthcare Trust Incorporated (CHCT)'s top line comes from rental income generated by its portfolio of income-producing real estate properties, which are almost exclusively under long-term triple-net leases. This structure means the tenants handle most property operating expenses, which helps stabilize Community Healthcare Trust Incorporated (CHCT)'s net revenue.

Here's a look at the revenue performance leading into the end of 2025:

Metric	Amount	Date/Period
Full Fiscal Year 2025 Revenue Projection	$121.59 million	Projected for FY 2025
Trailing Twelve Months Revenue (TTM)	$119.55 million	As of Q3 2025
Quarterly Revenue (Q3 2025)	$31.09 million	Quarter ending September 30, 2025
Annual Revenue (2024)	$115.79 million	Fiscal Year 2024

The projected full fiscal year 2025 revenue lands right around $121.59 million, showing continued, albeit modest, growth from the $115.79 million recorded in 2024. That growth is the result of successfully integrating new assets into the portfolio.

Incidental Income and Volatility

While rent is the main event, you also have to account for other items, especially interest income from notes receivable, which Community Healthcare Trust Incorporated (CHCT) considers incidental to its core leasing business. This stream can introduce volatility, as we saw in the second quarter of 2025.

For instance, in Q2 2025, the company recorded a negative impact due to a reversal of interest receivable totaling $1.7 million related to one specific tenant, alongside an $8.7 million credit loss reserve on notes receivable from that same operator. That's the risk you take when you have notes receivable that aren't perfectly aligned with your primary lease revenue.

Gains from Capital Recycling

Capital recycling-selling assets to fund new, potentially higher-yielding acquisitions-is a key component of portfolio management for Community Healthcare Trust Incorporated (CHCT). This generates non-recurring gains.

We saw this in action recently:

• Gain recognized on a real estate sale in Q2 2025: approximately $1.3 million.
• Recent disposition value as part of a 1031 exchange announced in December 2025: $29.7 million.
• Acquisition pipeline targeted for 2025-2027: approximately $146.0 million in definitive purchase agreements.

These dispositions allow Community Healthcare Trust Incorporated (CHCT) to reinvest proceeds, often at a higher capitalization rate, which supports future rental income growth. Finance: draft 13-week cash view by Friday.