Community Healthcare Trust

What Community Healthcare Trust does

Community Healthcare Trust Incorporated (NYSE: CHCT) is a self-managed, fully-integrated healthcare real estate investment trust founded in 2015 and headquartered in Nashville, Tennessee. The company acquires, owns, and finances real estate properties leased to hospitals, doctors, healthcare systems, and other healthcare service providers, with a deliberate geographic focus on areas primarily outside of urban centers across the United States. As of December 31, 2025, the portfolio consists of 198 properties spanning 4.5 million square feet across 36 states, serving 321 tenants, with $1.2 billion in total investments and a $1.01 billion enterprise value.

The company generates revenue through recurring rental income on long-term leases with healthcare operators across diverse facility types including inpatient rehabilitation hospitals, behavioral health hospitals, dialysis centers, surgical hospitals, and physician offices. Notable tenant relationships include DaVita Dialysis Centers, Monroe Surgical Hospital, Hopebridge, Everest Rehabilitation Hospital, and Smokey Point Behavioral Hospital. Pricing is determined through individual lease negotiations based on property type, location, lease duration, and tenant creditworthiness rather than a standardized rate structure; no public pricing tiers are disclosed.

The business operates as a public REIT with no external management company, supported by a lean internal team. As a REIT, it is required to distribute the majority of taxable income as dividends and has increased its dividend every quarter since its 2015 IPO, reaching 43 consecutive quarterly dividend increases with a current annualized payout of $1.92 per share (yielding approximately 11.15% as of April 2026). Institutional ownership stands at approximately 87.8%. Reported FY2025 revenue was approximately $121 million (Q4 2025 revenue of $30.9 million represented 5.6% year-over-year growth), and Q1 2026 net income was $2.5 million ($0.07 per diluted share).

Name

Community Healthcare Trust

Legal name

Community Healthcare Trust Incorporated

Website

https://communityhealthcaretrust.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Community Healthcare Trust is a self-managed healthcare REIT that acquires, owns, and leases real estate to hospitals, physicians, and healthcare operators in non-urban US markets. As of late 2025, it owned 198 properties across 36 states serving 321 tenants with approximately $121 million in annual revenue.

Ownership category

akta.pro rank

Product category

Healthcare Real Estate Investment Trust (REIT)

NAICS

Ambulatory Health Care Services (621), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331)

SIC

Real Estate Investment Trusts (6798), Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

Healthcare & Medical Office Property Management (BPAJAGAF)

Keywords

• Healthcare real estate
• REIT property leasing
• Outpatient medical properties
• Healthcare facility investment
• Medical office buildings

Headquarters

HQ city

Franklin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain

Revenue model

1. Rental Income from Healthcare Properties: The company generates recurring rental income through long-term lease agreements with healthcare providers including hospitals, doctors, healthcare systems, and other healthcare service providers. Properties are located primarily outside of urban centers across 36 states.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Community Healthcare Trust is a self-managed, fully-integrated healthcare real estate company that acquires, owns, and finances income-producing real estate properties leased to hospitals, doctors, healthcare systems, and other healthcare service providers. The company focuses on outpatient healthcare properties located in geographic areas primarily outside of urban centers across the United States.

Product overview

Community Healthcare Trust is a self-managed, fully-integrated healthcare real estate company that acquires, owns, and finances real estate properties leased to hospitals, doctors, healthcare systems, and other healthcare service providers. The company focuses on geographic areas primarily outside of urban centers across the United States. As a REIT, the company's core offering is income-producing outpatient healthcare properties, with a portfolio of 198 properties in 36 states, 321 tenants, and $1.01 billion in enterprise value.

Differentiator

Problem solved

Functional benefit

Products and services

• Healthcare Real Estate Leasing Long-term lease arrangements for income-producing outpatient healthcare real estate properties leased to hospitals, doctors, healthcare systems, and other healthcare service providers in non-urban markets across 36 U.S. states.
• Healthcare Property Acquisition and Financing Acquisition, ownership, and financing of outpatient healthcare real estate properties, including behavioral health hospitals, rehabilitation hospitals, dialysis centers, surgical hospitals, and medical office buildings.

Quantifiable outcome

• 5.6% year-over-year revenue growth in Q4 2025
• +2 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LTC Properties: LTC Properties (LTC) is a small-cap healthcare REIT owning senior living, skilled nursing, and behavioral health properties leased to operators. Comparable scale and net-lease model with operator concentration in non-urban markets.
• CareTrust REIT: CareTrust REIT (CTRE) is a publicly traded REIT focused on skilled nursing, seniors housing, and healthcare-related properties leased to operators. Comparable to CHCT as a triple-net healthcare REIT serving non-urban and value-based operators with long-duration leases.
• Healthcare Realty Trust: Healthcare Realty Trust (HR) is a publicly traded REIT focused on outpatient medical office buildings leased to healthcare providers. Direct overlap with CHCT in medical office real estate leased to physicians, hospitals, and health systems across non-urban and suburban markets.
• Sabra Health Care REIT: Sabra Health Care REIT (SBRA) owns skilled nursing, behavioral health, senior housing, and specialty hospitals leased to operators. Overlaps with CHCT in behavioral health, rehabilitation, and specialty hospital property types and the operator-tenant model.
• National Health Investors: National Health Investors (NHI) is a healthcare REIT focused on senior housing, skilled nursing, and specialty medical properties leased to operators. Comparable net-lease structure and exposure to small/mid-sized operators similar to CHCT's tenant base.
• Global Medical REIT: Global Medical REIT (GMRE) is a small-cap medical office REIT leasing to hospitals, physician groups, and healthcare operators, often in secondary and tertiary markets. Closely comparable to CHCT by scale, net-lease structure, and focus on non-urban/outpatient healthcare real estate.

Broad incumbents

• Healthpeak Properties: Healthpeak Properties (DOC) is a large diversified healthcare REIT owning outpatient medical office, lab/life science, and senior housing properties. Comparable to CHCT as a healthcare property landlord but with broader portfolio diversification, larger scale, and lab/life science exposure.
• Welltower: Welltower (WELL) is the largest healthcare REIT, focused on senior housing, outpatient medical, and post-acute care properties. Comparable business model as a healthcare property landlord to operators but at much larger scale and broader tenant mix.
• Ventas: Ventas (VTR) is one of the largest healthcare REITs, focused on senior housing, medical office, life science, and healthcare-related real estate. Comparable as a healthcare landlord but materially larger and more diversified than CHCT.

Emerging players

• Diversified Healthcare Trust: Diversified Healthcare Trust (DHC) owns medical office buildings, senior living, and wellness properties leased to healthcare operators. Comparable medical office and healthcare tenant exposure, with a more challenged operating profile and smaller scale than CHCT.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Community Healthcare Trust