Workflow
Strawberry Fields REIT Announces Acquisition of $5.3 Million Skilled Nursing/Assisted Living Facility in Missouri

Core Insights - Strawberry Fields REIT, Inc. has completed the acquisition of a facility with 108 skilled nursing beds and 16 assisted living beds for $5.3 million in Poplar Bluff, Missouri [1][2] - This acquisition will increase the Company's annual rents by $530 thousand, with a provision for 3% annual increases [2] - The facility is the 18th acquisition by the Company in Missouri, expanding its portfolio further [2] Company Overview - Strawberry Fields REIT, Inc. is a self-administered real estate investment trust focused on the ownership, acquisition, development, and leasing of skilled nursing and healthcare-related properties [3] - The Company's portfolio consists of 142 healthcare facilities with over 15,500 beds across multiple states, including Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee, and Texas [3] - The portfolio includes 130 skilled nursing facilities, 10 assisted living facilities, and 2 long-term acute care hospitals [3]