Welcome to our dedicated page for Strawberry Field news (Ticker: STRW), a resource for investors and traders seeking the latest updates and insights on Strawberry Field stock.
Strawberry Fields REIT Inc (STRW) operates as a specialized healthcare real estate investment trust focused on skilled nursing facilities and post-acute care properties through triple-net lease agreements. This news hub provides investors with essential updates on the company developments influencing the healthcare property sector.
Access timely reports on STRW's strategic acquisitions, financial results, and portfolio expansions across multiple states. The curated collection includes press releases about facility transactions, capital raising initiatives like ATM programs, and operational updates reflecting the company's focus on healthcare infrastructure investments.
Key content categories cover earnings announcements, property acquisitions, lease renewals, and regulatory developments. Investors can track how STRW's geographically diversified portfolio and triple-net lease model contribute to stable cash flows in the evolving healthcare real estate market.
Bookmark this page for direct access to original source materials and analysis-free reporting. Check regularly for new updates on STRW's progress in addressing the growing demand for specialized medical real estate through disciplined investment strategies.
Strawberry Fields REIT Inc. (NYSE AMERICAN:STRW) has successfully completed a bond issuance on the Tel Aviv Stock Exchange, raising approximately NIS 146 million (about $38 million). The company issued new Series A Bonds due in September 2026, which are unsecured obligations denominated in Israeli shekels. These bonds will pay an interest rate of 6.97% per year until maturity.
The net proceeds from this bond sale will be utilized for working capital and general corporate purposes, potentially including the redemption of the company's outstanding debt. It's important to note that these bonds are not registered under the U.S. Securities Act and were offered exclusively to investors outside the United States.
Strawberry Fields REIT (NYSE AMERICAN:STRW) has established an at-the-market (ATM) equity program to enhance its financing flexibility. The program allows the company to issue and sell newly issued common stock to the public, subject to SEC volume limitations. Sales will be conducted through the NYSE at prevailing market prices, with timing and volume determined by the company. The ATM program is capped at $24 million over its lifetime.
The company aims to use the net proceeds to increase stock liquidity and facilitate growth. B. Riley Securities, Inc. and A.G.P. / Alliance Global Partners have been retained as agents for the program. The ATM is established under a prospectus in a Registration Statement on Form S-3, which became effective on August 1, 2024.
Strawberry Fields REIT (NYSE AMERICAN: STRW) has announced its participation in NAREIT's REITweek 2024 Investor Conference in New York City.
Management will present on June 5, 2024, at 9:30 AM Eastern Time, moderated by David Auerbach of Hoya Capital.
The company will also hold investor meetings from June 4-5, 2024. Interested investors can arrange meetings via ir@sfreit.com.
Materials presented at the conference will be available on the company's website before the event.
Strawberry Fields REIT (NYSE AMERICAN: STRW) will hold its Annual Shareholder Meeting and Investor Day on May 30, 2024, at 10:00 AM ET in Ft. Lauderdale, Florida. The event will be held at 2477 E. Commercial Dr., Ft. Lauderdale, FL 33308. For those unable to attend in person, a webcast link will be provided, and all materials discussed during the meeting will be posted online on the webcast link and the company's website, Strawberryfieldsreit.com.
Strawberry Fields REIT (NYSE American: STRW) announced its Q1 2024 results, highlighting a 14.8% increase in rental revenue to $27.8 million, net income of $6 million, and FFO of $14.1 million. The company collected 100% of contractual rents and entered into multiple leasing and acquisition agreements. Key transactions include a new master lease for properties acquired in Indiana, issuance of Series D Bonds raising $26.7 million, and a $5.85 million purchase agreement for a nursing facility in Indiana. The company also declared a cash dividend of $0.13 per share, payable on June 28, 2024.
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