Mergers & Acquisitions ·
Chiron acquires senior housing community for $173.2M
GMRBVGlobal Medical REIT Inc.
Chiron Real Estate Inc. completed its acquisition of The Pinnacle North Bethesda, a newly constructed senior housing community in Maryland, on October 1, 2026. The transaction was valued at $173.2 million and funded through incremental borrowings under the company's unsecured revolving credit facility. The property consists of 175 homes offering independent living, assisted living, and memory care services. As of the acquisition date, occupancy stood at approximately 31% with an average monthly rent per unit of $12,369. Chiron operates as a real estate investment trust focused on senior housing assets.