Mergers & Acquisitions ·
Chiron acquires Pinnacle North Bethesda for $173.2M, incurring $171M debt
GMRBVGlobal Medical REIT Inc.
On October 1, 2026, Chiron Real Estate Inc. closed on the acquisition of The Pinnacle North Bethesda, a senior housing community in Maryland, for $173.2 million. The transaction was funded using cash on hand and proceeds from the company's Credit Facility, resulting in approximately $171 million of additional indebtedness under its Third Amended and Restated Credit Facility. Chiron has entered into a management agreement with an affiliate of Greystone Communities to operate the property day-to-day. This follows previous acquisitions of The Landing and Riviera communities from affiliates of Silverstone Senior Living. Chiron Real Estate Inc. operates senior housing real estate assets.