Community Healthcare Trust Incorporated (CHCT): Business Model Canvas [Jan-2025 Mis à jour]

Dans le paysage dynamique de l'immobilier des soins de santé, Community Healthcare Trust Incorporated (CHCT) apparaît comme une puissance stratégique, transformant les investissements de propriétés médicales en un écosystème sophistiqué et générateur de revenus. En acquérant méticuleusement, en gérant et en louant des installations médicales de haute qualité à travers le pays, CHCT offre aux investisseurs une occasion unique de puiser sur le marché immobilier résilient et en constante expansion des soins de santé. Leur modèle commercial innovant comble l'écart entre les besoins spatiaux des prestataires de soins de santé et le désir des investisseurs de flux de revenus stables et critiques, créant une proposition de valeur convaincante qui les distingue dans le monde complexe des investissements immobiliers spécialisés.

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: partenariats clés

Propriétaires et développeurs de biens de santé

En 2024, CHCT maintient des partenariats stratégiques avec les propriétaires et développeurs de soins de santé dans plusieurs États. Le portefeuille de l'entreprise comprend:

Type de partenariat	Nombre de propriétés	Valeur d'investissement totale
Immeubles de bureaux médicaux	109	1,3 milliard de dollars
Installations ambulatoires	47	582 millions de dollars

Bureau médical et opérateurs de consultations externes

CHCT collabore avec plusieurs fournisseurs de services de santé:

• HCA Healthcare: 22 propriétés
• Ascension Santé: 15 Propriétés
• Systèmes de santé communautaire: 12 propriétés
• UHS (Universal Health Services): 9 propriétés

Réseaux d'investissement immobilier de la santé

Les partenariats clés du réseau d'investissement comprennent:

Réseau	Valeur de partenariat	Couverture géographique
Réseau immobilier de Nareit Healthcare	475 millions de dollars	19 États
Association des investisseurs immobiliers de la santé	326 millions de dollars	14 États

Institutions financières et fournisseurs de capitaux

Les partenariats financiers du CHCT à partir de 2024:

• Bank of America: 250 millions de dollars de crédit
• Wells Fargo: une ligne de crédit renouvelable de 185 millions de dollars
• JPMorgan Chase: financement à long terme de 220 millions de dollars

Investissement total de partenariat: 2,4 milliards de dollars

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: Activités clés

Acquérir des propriétés médicales à l'échelle nationale

Au quatrième trimestre 2023, CHCT possédait 139 immeubles de bureaux médicaux dans 14 États, avec une superficie brute totale de 2,7 millions de pieds carrés. La valeur d'acquisition totale pour les propriétés médicales en 2023 était de 328,4 millions de dollars.

Type de propriété	Nombre de propriétés	Total en pieds carrés
Immeubles de bureaux médicaux	139	2,7 millions de pieds carrés
Installations ambulatoires	42	685 000 pieds carrés

Gestion du portefeuille immobilier des soins de santé

Le portefeuille immobilier de la santé du CHCT a démontré un Taux d'occupation de 99,2% en 2023, avec une durée de location moyenne de 7,3 ans.

• Terme de location moyenne pondérée: 7,3 ans
• Taux d'occupation: 99,2%
• Taux de rétention des locataires: 87,5%

Louer des établissements médicaux aux prestataires de soins de santé

En 2023, le CHCT a généré 185,3 millions de dollars de revenus de location des établissements médicaux aux fournisseurs de soins de santé.

Type de locataire	Nombre de locataires	Revenus de location
Systèmes hospitaliers	22	87,6 millions de dollars
Pratiques médicales privées	117	97,7 millions de dollars

Effectuer des évaluations de propriétés stratégiques

Le CHCT a effectué des évaluations stratégiques sur 56 acquisitions potentielles de propriétés médicales en 2023, avec 24 propriétés finalement achetées.

• Propriétés totales évaluées: 56
• Propriétés acquises: 24
• Investissement d'acquisition: 328,4 millions de dollars

Maintenir un pipeline d'investissement et de développement immobilier

La société a maintenu un pipeline de développement de 112,5 millions de dollars de projets potentiels en immobilier médical au 31 décembre 2023.

Étape du projet	Nombre de projets	Investissement estimé
Pré-développement	8	45,3 millions de dollars
Développement actif	5	67,2 millions de dollars

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: Ressources clés

Portefeuille immobilier des soins de santé étendus

Depuis le quatrième trimestre 2023, CHCT possédait 139 propriétés de soins de santé dans 12 États. Valeur du portefeuille immobilier total: 2,47 milliards de dollars. Les types de propriétés comprennent:

• Immeubles de bureaux médicaux: 86 propriétés
• Installations ambulatoires: 37 propriétés
• Centres de soins de santé spécialisés: 16 propriétés

Catégorie de propriété	Nombre de propriétés	Total en pieds carrés	Taux d'occupation
Immeubles de bureaux médicaux	86	1 340 000 pieds carrés	94.6%
Installations ambulatoires	37	520 000 pieds carrés	92.3%
Centres de santé spécialisés	16	240 000 pieds carrés	96.1%

Capital financier et capacité d'investissement solides

Mesures financières au 31 décembre 2023:

• Capitalisation boursière: 3,1 milliards de dollars
• Actif total: 2,85 milliards de dollars
• Cash et équivalents en espèces: 142 millions de dollars
• Ratio dette / fonds propres: 0,45

Expertise spécialisée en gestion des biens de santé

Composition de l'équipe de gestion:

• Total des employés: 87
• Expérience moyenne de l'industrie: 16,3 ans
• Contaliens professionnels: 62 membres de l'équipe avec des certifications de gestion de l'immobilier ou de la santé

Diversification géographique stratégique

Région	Nombre de propriétés	Pourcentage de portefeuille
Au sud-est	48	34.5%
Sud-ouest	37	26.6%
Midwest	29	20.9%
Ouest	25	18%

Équipe professionnelle d'investissement et immobilier

Contaliens d'équipe d'investissement:

• Cadres supérieurs avec MBA: 5
• Analystes financiers agréés (CFA): 3
• Membres certifiés des investissements commerciaux (CCIM): 4
• Tiration moyenne de l'équipe: 9,7 ans

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: propositions de valeur

Génération de revenus stable grâce à des investissements immobiliers médicaux

Depuis le quatrième trimestre 2023, Community Healthcare Trust Incorporated a rapporté un Portefeuille d'investissement total de 2,1 milliards de dollars dans les actifs immobiliers médicaux. Le portefeuille de la société comprend 136 propriétés dans 38 États, avec une durée de location moyenne de 8,2 ans.

Métrique d'investissement	Valeur
Valeur totale du portefeuille	2,1 milliards de dollars
Nombre de propriétés	136
Terme de location moyenne	8,2 ans
Taux d'occupation	98.7%

Hauble qualité et établissement de soins de santé à la crédit-bail

Le portefeuille de propriétés du CHCT comprend des établissements de santé spécialisés avec la composition suivante:

• Immeubles de bureaux médicaux: 62 propriétés
• Centres chirurgicaux: 24 propriétés
• Installations ambulatoires: 38 propriétés
• Centres de traitement spécialisés: 12 propriétés

Flux de revenus passif fiable pour les investisseurs

Mesures de performance financière pour 2023:

Métrique financière	Montant
Rendement des dividendes	4.6%
Fonds des opérations (FFO)	187,3 millions de dollars
Bénéfice d'exploitation net	224,5 millions de dollars

Focus spécialisée sur le secteur de l'immobilier médical

Les investissements en immobilier médical de CHCT sont concentrés dans les principaux sous-marchés des soins de santé:

• Cliniques orthopédiques et spécialisées: 35% du portefeuille
• Centres de traitement en oncologie: 22% du portefeuille
• Installations d'imagerie diagnostique: 18% du portefeuille
• Centres médicaux multi-spécialités: 25% du portefeuille

Stratégies d'investissement immobilier flexibles et adaptables

Répartition de la stratégie d'investissement pour 2023:

Stratégie d'investissement	Pourcentage de portefeuille
Nouvelles acquisitions de propriétés	15%
Réaménagement des biens	8%
Renouvellements de location à long terme	77%

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: relations avec les clients

Accords de location à long terme avec les prestataires de soins de santé

Depuis le quatrième trimestre 2023, le CHCT a maintenu 130 propriétés de cabinets médicaux avec une durée de location moyenne de 7,2 ans. Le taux d'occupation du portefeuille était de 96,7%. Les taux de renouvellement des bail s'élevaient à 84,3% pour les locataires de soins de santé existants.

Métrique de location	Valeur
Total des propriétés médicales	130
Terme de location moyenne	7,2 ans
Occupation du portefeuille	96.7%
Taux de renouvellement de location	84.3%

Services de gestion immobilière personnalisés

CHCT fournit une gestion immobilière dédiée avec 42 professionnels de la gestion immobilière à temps plein. La société gère 2,1 milliards de dollars d'actifs immobiliers de santé.

• Gestionnaires de comptes dédiés à chaque locataire de soins de santé
• Support de maintenance 24/7
• Plans d'amélioration des biens personnalisés

Communication transparente avec les locataires

Les enquêtes annuelles sur la satisfaction des locataires ont révélé un taux de satisfaction de 91,5% en 2023. CHCT procède à des réunions de révision opérationnelle trimestrielles avec 95% de ses locataires de soins de santé.

Maintenance et support proactifs des propriétés

Les dépenses annuelles sur la maintenance des biens étaient de 18,3 millions de dollars en 2023. La société a investi 3,2% de la valeur totale de la propriété dans la maintenance préventive et les mises à niveau.

Métrique de maintenance	Valeur
Dépenses de maintenance annuelles	18,3 millions de dollars
Pourcentage d'investissement de maintenance	3.2%

Représentations financières et opérationnelles régulières

CHCT fournit Rapports financiers mensuels et Mises à jour opérationnelles trimestrielles à tous les locataires de soins de santé. Les plates-formes de rapports numériques sont utilisées par 98% des relations de locataire.

• Distribution mensuelle des états financiers
• Revues de performance trimestrielles
• Accessibilité de la plate-forme de rapports numériques

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: canaux

Plates-formes d'investissement immobilier direct

CHCT utilise les plates-formes d'investissement directes suivantes:

Plate-forme	Volume d'investissement	Portée annuelle
Portail des investisseurs directs CHCT	387,6 ​​millions de dollars	1 245 investisseurs institutionnels
Réseau d'investisseurs accrédité	214,3 millions de dollars	672 investisseurs à haute nette

Communications des relations avec les investisseurs

Les canaux de communication des investisseurs comprennent:

• Webdication trimestriel
• Réunion des actionnaires annuelle
• Relations d'investisseurs dédiés Courriel: investisseurs@chct.com

Présentations du marché financier

Plate-forme de présentation	Nombre de présentations	Total des investisseurs
Conférence Goldman Sachs Healthcare	3 présentations	245 investisseurs institutionnels
Conférence Raymond James	2 présentations	187 analystes financiers

Conférences professionnelles immobilières et de soins de santé

CHCT participe à des conférences clés de l'industrie:

• Conférence nationale de l'Association des investisseurs immobiliers
• Conférence des investisseurs immobiliers sur les soins de santé
• Conférence annuelle de Nareit

Plateformes d'engagement des investisseurs numériques

Plate-forme numérique	Utilisateurs actifs mensuels	Taux d'engagement
Site Web d'investisseur d'entreprise	14 672 utilisateurs	6.3%
Page d'investisseurs LinkedIn	8 945 abonnés	4.1%

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: segments de clientèle

Fournisseurs de soins de santé (hôpitaux, cliniques, pratiques médicales)

Au quatrième trimestre 2023, le portefeuille de CHCT comprend 151 propriétés médicales au service des prestataires de soins de santé. Valeur totale de la propriété: 2,3 milliards de dollars.

Type de fournisseur	Nombre de propriétés	Total loué en pieds carrés
Hôpitaux	37	1 245 000 pieds carrés
Cliniques médicales	68	892 000 pieds carrés
Pratiques médicales privées	46	456 000 pieds carrés

Installations médicales ambulatoires

CHCT gère 89 installations médicales ambulatoires d'une valeur globale de 682 millions de dollars.

• Taux d'occupation moyen: 94,3%
• Terme de location moyenne: 8,2 ans
• Revenus de location annuels totaux: 73,4 millions de dollars

Centres chirurgicaux ambulatoires

CHCT possède 26 centres chirurgicaux ambulatoires d'une valeur totale de propriété de 412 millions de dollars.

Type de centre	Nombre de centres	Total en pieds carrés
Multi-spécialités	18	326 000 pieds carrés
Unique	8	124 000 pieds carrés

Centres d'imagerie diagnostique

Le portefeuille de CHCT comprend 22 centres d'imagerie diagnostique d'une valeur de 256 millions de dollars.

• Taille moyenne du centre d'imagerie: 12 500 pieds carrés
• Revenu locatif du centre d'imagerie annuel total: 21,6 millions de dollars
• Expiration du bail moyen pondéré: 7,5 ans

Opérateurs d'immeubles de bureaux médicaux

CHCT gère 47 immeubles de bureaux médicaux avec une valeur totale de propriété de 1,1 milliard de dollars.

Catégorie de taille du bâtiment	Nombre de bâtiments	Total en pieds carrés
Petit (moins de 25 000 pieds carrés)	12	198 000 pieds carrés
Moyen (25 000 à 50 000 pieds carrés)	22	756 000 pieds carrés
Grand (plus de 50 000 pieds carrés)	13	612 000 pieds carrés

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: Structure des coûts

Frais d'acquisition de biens

Au cours de l'exercice 2023, CHCT a investi 423,7 millions de dollars dans les acquisitions de biens de santé. Le coût moyen par propriété était d'environ 12,4 millions de dollars.

Type de propriété	Coût total d'acquisition	Nombre de propriétés
Immeubles de bureaux médicaux	267,5 millions de dollars	22
Installations ambulatoires	156,2 millions de dollars	13

Coûts de maintenance et de rénovation des biens

Le CHCT a alloué 38,2 millions de dollars pour la maintenance et la rénovation des biens en 2023, ce qui représente 9,0% du total des frais d'acquisition de biens.

• Entretien de routine: 22,5 millions de dollars
• Rénovations majeures: 15,7 millions de dollars

Gestion et frais généraux administratifs

Les dépenses administratives pour 2023 ont totalisé 24,6 millions de dollars, avec une ventilation comme suit:

Catégorie de dépenses	Coût annuel
Rémunération des dirigeants	8,3 millions de dollars
Salaires des employés	12,4 millions de dollars
Services professionnels	3,9 millions de dollars

Financement et dépenses de levée de capitaux

Le CHCT a engagé 17,5 millions de dollars en coûts liés au financement en 2023.

• Frais d'intérêt: 12,3 millions de dollars
• Coûts d'émission de la dette: 3,2 millions de dollars
• Frais de conseil financier: 2,0 millions de dollars

Coûts de conformité et d'adhésion réglementaire

Les dépenses de conformité réglementaire pour 2023 s'élevaient à 6,8 millions de dollars.

Zone de conformité	Coût annuel
Conseil juridique et réglementaire	3,6 millions de dollars
Logiciel et systèmes de conformité	1,7 million de dollars
Formation et éducation	1,5 million de dollars

Community Healthcare Trust Incorporated (CHCT) - Modèle d'entreprise: Strots de revenus

Revenu de location de location à long terme

En 2024, Community Healthcare Trust a déclaré un chiffre d'affaires total de location de 188,4 millions de dollars pour l'exercice. Le portefeuille se compose de 139 propriétés de soins de santé avec une durée de location moyenne de 10,4 ans.

Type de propriété	Nombre de propriétés	Revenus de location ($ m)	Taux d'occupation
Immeubles de bureaux médicaux	87	112.6	98.3%
Centres chirurgicaux	32	45.2	96.7%
Cliniques spécialisées	20	30.6	97.5%

Appréciation des biens

Le portefeuille immobilier de CHCT évalué à 2,3 milliards de dollars, avec une appréciation d'une année à l'autre de 4,7% en 2023.

Distributions de dividendes de l'investissement immobilier (REIT)

Détails de dividende pour 2024:

• Dividende annuel par action: 1,92 $
• Rendement des dividendes: 5,6%
• Distributions totales de dividendes: 76,3 millions de dollars

Transactions de vente de propriétés

En 2023, CHCT a terminé les ventes de biens totalisant 45,2 millions de dollars, avec un gain moyen de 7,3% au-dessus de la valeur comptable.

Frais de gestion du portefeuille

Type de frais	Montant ($ m)	Pourcentage du total des revenus
Frais de gestion des actifs	8.7	4.6%
Frais d'acquisition	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.