Chiron Real Estate Inc. · NYSE:XRN
Chiron Real Estate — Global Medical REIT — Investor Presentation (September 2019)
23 slides from Chiron Real Estate's investor presentation, Sep 27, 2019
Slide 1: Investor Presentation September 2019
www.globalmedicalreit.com NYSE: GMRE Investor Presentation September 2019
Slide 2: Forward-Looking Statements
Forward - Looking Statements 1 This presentation is for informational purposes only and does not constitute an offer to sell, or a solicitation of offers to purchase, Global Medical REIT Inc . ’s (the “Company”, or “GMRE”) securities . The information contained in this presentation does not purport
Slide 3: About GMRE
ABOUT GMRE
Slide 4: GMRE Value Proposition
GMRE Value Proposition Net lease operating platform, which tends to be more resilient during economic fluctuations Healthcare facilities providing mission critical services with leading operators Proven investment strategy resulting in operational flexibility for tenants and improved asset value D I
Slide 5: GMRE Strategy
GMRE STRATEGY
Slide 6: GMRE Benefits From Key Dynamics in Healthcare
GMRE Benefits From Key Dynamics in Healthcare Industry - wide demographic tailwinds support GMRE’s core strategic vision Healthcare Providers Diversifying Real Estate Strategies to Capture Growing Patient Demand Physicians Forming Groups and Moving to Suburban Communities Technology Will Continue to
Slide 7: Increasing Demand for Localized Delivery
Increasing Demand for Localized Delivery An Aging Population Will Drive Healthcare Costs (1) The U.S. 65+ age group is growing faster than the country’s population – ~10,000 Baby Boomers turn 65 every day – By 2030, older adults will make up 20% of the American population, up from 13% today Approxim
Slide 8: Disciplined Yet Opportunistic Acquisition Strategy
Disciplined Yet Opportunistic Acquisition Strategy We aim to create a property portfolio comprised substantially of off - campus, purpose - built, licensed medical facilities such as MOBs, specialty hospitals, IRFs and ASCs, that are geographically situated to take advantage of the aging U.S. popula
Slide 9: Future Growth Strategies
Future Growth Strategies GMRE consistently maintains a large pipeline of actionable acquisition opportunities to sustain growth as a result of being an attractive deal partner Ability to navigate complex transactions through an adaptable approach to negotiations and deal structuring, creating a favo
Slide 10: GMRE Portfolio
GMRE PORTFOLIO
Slide 11: Portfolio Composition
Portfolio Composition 2.2% Weighted Average Rent Escalations 91 Total Buildings 9.3 YRS Weighted Average Lease Term 100% Occupancy 2.3M Rentable Square Feet (RSF) 56 Total Tenants 10 Lease Expiration Schedule (% of Portfolio) (1) and Associated ABR ($ millions) 10.4 year weighted average remaining l
Slide 12: Diversified Tenant Base
Diversified Tenant Base No one tenant contributes greater than 11.9% to annualized based rent 11 Top 10 States % of Annualized Base Rent (1) 30.5% 29.5% 17.5% 7.1% 6.5% 3.9% 3.8% 1.3% IRF 30.5% MOB 29.5% MOB/ASC 17.5% MOB/Imaging/ER 7.1% Surgical Hospital 6.5% Acute Hospital 3.9% LTACH 3.8% Physical
Slide 13: Established Strong Healthcare Operators as Tenants
Established Strong Healthcare Operators as Tenants Not - For - Profit Health System Affiliations For - Profit Systems Affiliations and Surgical Operator Partnerships Dominant Local Physician Groups 12
Slide 14: IRF Portfolio Case Studies
IRF PORTFOLIO CASE STUDIES
Slide 15: IRF Portfolio Summary
IRF Portfolio Summary Key Highlights Premier Facilities Transaction Highlights Large National Tenants Portfolio comprised of four IRFs located in Nevada, Arizona, Oklahoma and Indiana being sold by CNL Healthcare Properties Attractive population growth – particularly within the Southwestern markets
Slide 16: IRF Portfolio – Nevada / Arizona
Las Vegas, NV - Key Highlights Surprise, AZ - Key Highlights Gross Leasable Area 53,260 square feet Total Beds 50 Year Built 2007 Year 1 Rent ( psf ) $1.5 million ($28.24) Lease Term 6.0 years Purchase Price ( psf ) $21.5 million ($404) Cap Rate 7.0% Tenant Encompass (Ba3) (1) Largest owner and oper
Slide 17: IRF Portfolio – Oklahoma / Indiana
all data as of June 30, 2019 unless otherwise stated 16 Oklahoma City, OK - Key Highlights Mishawaka, IN - Key Highlights Gross Leasable Area 53,449 square feet Total Beds 50 Year Built 2012 Year 1 Rent ( psf ) $1.9 million ($35.02) Lease Term 8.3 years Purchase Price ( psf ) $28.0 million ($524) Ca
Slide 18: Appendix
APPENDIX
Slide 19: Leadership
Leadership JEFFREY BUSCH , Chairman, Chief Executive Officer and President ROBERT KIERNAN , Chief Financial Officer and Treasurer ALFONZO LEON , Chief Investment Officer ▪ 17 + years of experience in real estate finance and has completed $ 3 billion of transactions ▪ Prior experience as principal at
Slide 20: Independent Directors
Independent Directors Majority independent Board with strong backgrounds in healthcare, real estate and capital markets Henry Cole ▪ President of Global Development International, providing development support and oversight for initiatives in medical and hea lth care programs (e.g. Instant Labs Medi
Slide 21: Non-Independent Directors
Non - Independent Directors Jeffrey Busch, Chairman ▪ Over 20 years of experience in healthcare, real estate development, management and investment ▪ Former assistant to the U.S. Secretary of Housing & Urban Development ▪ United States Special Representative to United Nations in Geneva ▪ Developed l
Slide 22: Disclosures
Disclosures 21 Portfolio Snapshot (see page 10 ) Annualized Base Rent (ABR) represents base rent at June 30, 2019 multiplied by 12 . Accordingly, this methodology produces an annualized amount as of a point in time but does not take into account future contractual rental rate increases. Rent Coverag
Slide 23: Investor Relations
www.globalmedicalreit.com NYSE: GMRE Evelyn Infurna Evelyn.Infurna@icrinc.com 203.682.8265 Kara Smith Kara.Smith@icrinc.com 646 - 277 - 1211 INVESTOR RELATIONS
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