XRN on NYSE

Chiron Real Estate Inc.

American real estate investment trust based in Bethesda, active since 2014. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

Compare with Orion Office REIT, CTO Realty Growth, Inc. or Clipper Realty Inc., or pick any stock.

  • TickerXRN on NYSE2
  • IndustryReal Estate Investment Trusts2
  • HeadquartersBethesda, United States2
  • Incorporated inMD3
  • Business address7373 Wisconsin Avenue, Suite 800, Bethesda, Md 208143
  • Filer categoryAccelerated filer3
  • Legal formCorporation2
  • Kind of organizationReal estate investment trust2
  • LEI549300HFRIPQDYU3GU602
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o THE CORPORATION TRUST INCORPORATED; 2405 YORK ROAD SUITE 201, 21093-2264 Lutherville Timonium, United States2
  • Registered withBusiness Services (Maryland Department of Assessments and Taxation), D156207922

Chiron Real Estate Inc. (the “Company,” “us,” “we,” or “our”) is a Maryland corporation and internally managed REIT that primarily acquires healthcare facilities leased to physician groups and regional and national healthcare systems. The Company’s common stock is listed on the New York Stock Exchange. On February 23, 2026, the Company changed its name from Global Medical REIT Inc. to Chiron Real Estate Inc.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-4.6%Net margin5
6.8%Revenue growth, 20255
-1.4%Return on equity5
0.00×Debt to equity5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs100¢$148.2M

Out of $148.2M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid8¢$5.8M
  • Share buybacks8¢$6.0M
  • Kept or used elsewhere84¢$61.8M

Out of $73.6M of cash from operations.5

Financial statements

Revenue67895$148.2M in 2025+110% since 2019
0$50.0M$100.0M$150.0M2019: $70.7M$70.7M20192020: $93.7M$93.7M2020+33%2021: $115.9M$115.9M2021+24%2022: $137.3M$137.3M2022+18%2023: $141.0M$141.0M2023+3%2024: $138.8M$138.8M2024−2%2025: $148.2M$148.2M2025+7%
Net income695-$6.9M in 2025
-$10.0M0$10.0M$20.0M$30.0M2019: $9.6M$9.6M20192020: -$2.5M-$2.5M20202021: $18.3M$18.3M20212022: $20.0M$20.0M2022+9%2023: $21.7M$21.7M2023+9%2024: $6.7M$6.7M2024−69%2025: -$6.9M-$6.9M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Rental revenue$147.7M$138.4M$140.9M
Other income$526.0K$370.0K$115.0K
Total revenue$148.2M$138.8M$141.0M
General and administrative$20.0M$21.1M$16.9M
Operating expenses$32.6M$29.3M$28.1M
Depreciation expense$44.0M$40.4M$41.3M
Amortization expense$15.0M$14.9M$16.9M
Interest expense$31.8M$28.7M$30.9M
Transaction expense$0$155.0K$44.0K
Total expenses$143.4M$134.6M$134.0M
Income before other income (expense)$4.8M$4.2M$7.0M
Gain on sale of investment properties$1.5M$4.2M$15.6M
Impairment of investment properties-$13.0M-$1.7M$0
Equity loss from unconsolidated joint venture-$150.0K-$20.0K$0
Loss on extinguishment of debt$0$0-$868.0K
Net (loss) income-$6.9M$6.7M$21.7M
Less: Preferred stock dividends-$6.3M-$5.8M-$5.8M
Less: Net loss (income) attributable to noncontrolling interest$1.0M-$59.0K-$1.1M
Net (loss) income attributable to common stockholders-$12.1M$811.0K$14.8M
Net (loss) income attributable to common stockholders per share - basic-$0.91$0.06$1.13
Net (loss) income attributable to common stockholders per share - diluted-$0.91$0.06$1.13
Weighted average shares outstanding - basic13.4M shares13.2M shares13.1M shares
Weighted average shares outstanding - diluted13.4M shares13.2M shares13.1M shares

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Leadership

Who has led Chiron Real Estate Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (20)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Chief Executive Officer and PresidentMark Decker named Jun 15, 202638
  • DirectorCharles L. Fitzgerald named Jun 15, 202638
  • DirectorZhang Huiqi named Oct 15, 2021 to Jun 15, 202638
  • Director of Global Medical REIT Inc.Roscoe Moore Jr. named Oct 15, 2021 to Jan 18, 202239

Former names

  • Global Medical REIT Inc.Feb 7, 2014 to Jan 26, 20263
  • SCOOP MEDIA, INC.Oct 28, 2011 to Jan 16, 20143

Timeline

  1. Oct 12, 2017New chief executive Jeffrey Busch becomes CEO13
  2. Jan 6, 2014Founded Chiron Real Estate Inc. is founded2
  3. Oct 8, 2013New chief executive Conn Flanigan becomes CEO14

Filings

247 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 62 major events, 110 insider forms, 10 large holders, 6 private raises, 39 other. The latest 20:

  1. Oct 5, 20268-K EDGAR
  2. Aug 31, 20264 EDGAR
  3. Aug 31, 20264 EDGAR
  4. Aug 31, 20264 EDGAR
  5. Aug 31, 20264 EDGAR
  6. Aug 31, 20264 EDGAR
  7. Aug 31, 20264 EDGAR
  8. Aug 31, 20264 EDGAR
  9. Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
  10. Aug 17, 20268-K/A EDGAR
  11. Aug 13, 20264 OWNERSHIP DOCUMENT EDGAR
  12. Aug 13, 20264 OWNERSHIP DOCUMENT EDGAR
  13. Aug 13, 20264 OWNERSHIP DOCUMENT EDGAR
  14. Aug 13, 20264 OWNERSHIP DOCUMENT EDGAR
  15. Aug 12, 20264 OWNERSHIP DOCUMENT EDGAR
  16. Aug 12, 20264 OWNERSHIP DOCUMENT EDGAR
  17. Aug 10, 202610-Q EDGAR
  18. Aug 5, 20264 OWNERSHIP DOCUMENT EDGAR
  19. Aug 5, 20264 OWNERSHIP DOCUMENT EDGAR
  20. Aug 5, 20264 OWNERSHIP DOCUMENT EDGAR

The 247 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

28 open-market trades by officers, directors and large owners since October 2021: 26 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 17, 2026Whitlock Matthew FitzsimmonsChief Investment OfficerBuy500$36.38$18.2KForm 4
Aug 14, 2026Whitlock Matthew FitzsimmonsChief Investment OfficerBuy500$37.21$18.6KForm 4
Aug 12, 2026Roseth Aaron RobertCOOBuy13,500$36.73$495.9KForm 4
Aug 11, 2026Decker Mark Okey JrCEO and PresidentBuy6,875$35.92$246.9KForm 4
Aug 11, 2026Decker Mark Okey JrCEO and PresidentBuy550$36.00$19.8KForm 4
Aug 11, 2026Fitzgerald CharlesDirectorBuy14,000$35.78$500.9KForm 4
Aug 10, 2026Decker Mark Okey JrCEO and PresidentBuy8,000$35.88$287.0KForm 4
Aug 10, 2026Fitzgerald CharlesDirectorBuy27,600$35.94$991.9KForm 4
May 14, 2026Cypher MatthewDirectorBuy1,420$35.12$49.9KForm 4
May 12, 2026Wittman LoriDirectorBuy2,940$33.85$99.5KForm 4
May 12, 2026Marston RonaldDirectorBuy1,500$34.07$51.1KForm 4
May 12, 2026Barber Jamie AllenGeneral Counsel and SecretaryBuy1,481$33.50$49.6KForm 4
May 12, 2026Holley DanicaChief Administrative OfficerBuy1,490$33.99$50.6KForm 4
May 12, 2026Decker Mark Okey JrCEO and PresidentBuy5,000$33.94$169.7KForm 4
May 11, 2026KIERNAN ROBERT JCFO and TreasurerBuy3,000$33.49$100.5KForm 4
May 11, 2026Crowley PaulaDirectorBuy1,000$34.00$34.0KForm 4
May 11, 2026Cole HenryDirectorBuy583$34.31$20.0KForm 4
Dec 5, 2025Decker Mark Okey JrCEO and PresidentBuy10,000$32.51$325.1KForm 4
Nov 14, 2025KIERNAN ROBERT JCFO and TreasurerBuy3,000$31.91$95.7KForm 4
Nov 14, 2025Decker Mark Okey JrCEO and PresidentBuy10,000$32.58$325.8KForm 4

All 28 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. May 29, 2026Raised $100 million in a private offering of equity Form D: 7 investors so far Form D
  2. Jan 14, 2022Raised $600,250 in a private offering of equity Form D: 1 investor so far Form D
  3. Aug 6, 2021Raised $168,251 in a private offering of equity Form D: 1 investor so far Form D
  4. Jun 21, 2021Raised $463,200 in a private offering of equity Form D: 1 investor so far Form D
  5. May 28, 2021Raised $295,229 in a private offering of equity Form D: 2 investors so far Form D
  6. Dec 23, 2020Raised $2.7 million in a private offering of equity Form D: 1 investor so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.1,776,626$66.7M0.0%+633,396
Vanguard Portfolio Management LLC661,149$24.8M0.0%+20,958
Heartland Advisors Inc556,260$20.9M0.9%+112,175
Vanguard Capital Management LLC551,824$20.7M0.0%+2,060
Alyeska Investment Group, L.P.433,924$16.3M0.0%+55,448
Newtyn Management, LLC406,414$15.2M1.9%New
Geode Capital Management, LLC367,408$13.8M0.0%+10,885
State Street Corp336,271$12.7M0.0%−2,475
Uniplan Investment Counsel, Inc.297,835$11.2M1.0%+58,310
Stifel Financial Corp267,266$10.0M0.0%−1,789
Invesco Ltd.237,692$8.9M0.0%−90,860
Cutler Capital Management, LLC180,161$6.8M2.0%+7,950
Lighthouse Investment Partners, LLC176,523$6.6M0.2%New
Dimensional Fund Advisors LP169,922$6.4M0.0%−4,543
Peregrine Capital Management LLC162,426$6.1M0.2%+12,142
Hotchkis & Wiley Capital Management LLC162,180$6.1M0.0%+18,600
Morgan Stanley154,915$5.8M0.0%+10,256
Charles Schwab Investment Management Inc134,061$5.0M0.0%+9,802
Pacific Ridge Capital Partners, LLC130,529$4.9M0.9%−1,081
State of New Jersey Common Pension Fund D114,550$4.3M0.0%No change
DigitalBridge Group, Inc.112,913$4.2M0.3%New
Northern Trust Corp110,236$4.1M0.0%+5,371
Gabelli Funds LLC101,833$3.8M0.0%+22,012
Tudor Investment Corp Et Al94,464$3.5M0.0%+41,762
Sei Investments Co93,417$3.5M0.0%+1,566

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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