Community Healthcare Trust Reports $2.4 Million Net Income in Q2 2026, Significant Recovery from Previous Year

Community Healthcare Trust Incorporated reported a net income of $2.4 million for the second quarter of 2026, a significant recovery from a net loss of $12.6 million in the same period last year. For the first half of 2026, the company achieved a net income of $4.9 million, compared to a loss of $11.0 million in the first half of 2025. Rental income increased by 2.8% to $31.0 million for the second quarter, driven by acquisitions made in 2025 and 2026, which contributed an additional $2.3 million in rental income. Overall, total revenues for the second quarter reached $31.2 million, up from $29.1 million year-over-year.

The company’s total assets rose to $1.0 billion as of June 30, 2026, compared to $990.8 million at the end of 2025. This increase was primarily attributed to the growth in real estate properties, which amounted to $1.2 billion, up from $1.2 billion at the end of the previous fiscal year. The company’s liabilities also increased, with total liabilities reaching $589.4 million, up from $561.4 million, largely due to increased debt levels associated with property acquisitions.

In terms of strategic developments, Community Healthcare Trust acquired one inpatient rehabilitation facility in February 2026 for approximately $28.5 million, which is fully leased until 2044. The company also reported the sale of two properties during the first half of 2026, generating net proceeds of approximately $5.6 million. The company has four additional properties under definitive purchase agreements, with an expected total purchase price of around $99 million, anticipated to close between late 2026 and 2027.

Operationally, the company’s real estate portfolio was approximately 89.8% leased as of June 30, 2026, with a weighted average remaining lease term of about 7.2 years. The company reported a decrease in general and administrative expenses by 53.7% in the second quarter, primarily due to the absence of one-time costs related to the termination of a former executive officer in the previous year. The company’s employee headcount remained stable, with no significant changes reported.

Looking ahead, Community Healthcare Trust anticipates continued growth through strategic acquisitions and effective management of its existing properties. The company expects to fund future acquisitions through cash from operations, proceeds from equity or debt issuances, and its revolving credit facility. The company remains committed to maintaining its dividend policy, having declared a quarterly dividend of $0.33 per share, payable on August 31, 2026.