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Sila Realty Trust Inc. (SILA) has officially listed on the New York Stock Exchange on Thursday. With its shares soaring on its inaugural trading day, CEO Michael Seton joins Market Domination to shed light on the company's business model and strategic positioning within the healthcare real estate sector.
Seton explains that Sila Realty Trust's unique approach revolves around leasing properties to healthcare operators on a long-term basis, with a keen focus on properties that offer "durable and predictable income streams." This strategy ensures long-lasting partnerships and a stable revenue stream for shareholders, the CEO says.
When it comes to navigating the competitive landscape, Seton tells Yahoo Finance, "Sila is incredibly well-positioned because we are low leveraged, and we have a very strong portfolio." He further adds, "So candidly, much less competition today. It's a tremendous opportunity for us to acquire very high-quality real estate with less competition in this marketplace."
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This post was written by Angel Smith