Blue Owl Capital has agreed to acquire Tampa-based Sila Realty Trust in an all-cash transaction valued at approximately $2.4 billion, the companies announced April 20.<\/p>\n
Affiliates of Blue Owl Real Estate<\/a> Capital will purchase Sila for $30.38 per share, a 19% premium to the company\u2019s April 17 closing price and a 25.6% premium to its 30-day volume-weighted average. The agreement was unanimously approved by Sila\u2019s board.<\/p>\n The transaction is expected to close in the second or third quarter of 2026, subject to shareholder approval and customary conditions. Upon completion, Sila will become a private company and its shares will no longer trade on the New York Stock Exchange.<\/p>\n Sila Realty Trust, headquartered in Tampa, invests in net lease healthcare properties. As of March 31, the company owned 137 properties and three undeveloped land parcels across 65 markets nationwide.<\/p>\n Read the latest Tampa news and updates<\/a><\/p>\n Blue Owl, a New York-based asset manager with more than $307 billion in assets under management, said the acquisition expands its exposure to healthcare real estate, a sector it views as stable with predictable cash flow.<\/p>\n Blue Owl said Sila\u2019s portfolio includes healthcare assets with long-term leases and strong tenant performance across multiple care settings.<\/p>\n Sila President and CEO Michael Seton said the transaction follows a strategic process aimed at maximizing shareholder value. Blue Owl said the deal provides access to a scaled healthcare platform with stable income and long-term growth potential.<\/p>\n Sila may continue to pay regular quarterly dividends before closing, as permitted under the merger agreement.<\/p>\n BofA Securities is serving as Sila\u2019s financial<\/a> advisor, with Hogan Lovells as legal counsel. Blue Owl is advised by Citigroup Global Markets, Truist Securities and Newmark, with Kirkland & Ellis as legal counsel.<\/p>\n Read More Tampa Bay Business News<\/p>\n \n Explore the latest Tampa Bay<\/a> business<\/a> news<\/a>, real estate deals, development projects, executive moves and company updates shaping the region.\n <\/p>\n \n\tRelated\n<\/p>\n \t\tPost navigation<\/p>\n","protected":false},"excerpt":{"rendered":"Blue Owl Capital has agreed to acquire Tampa-based Sila Realty Trust in an all-cash transaction valued at approximately…\n","protected":false},"author":2,"featured_media":239012,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[135,137,136],"class_list":["post-239011","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-tampa","tag-tampa-headlines","tag-tampa-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/239011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=239011"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/239011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/239012"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=239011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=239011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=239011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}