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 (NYSE AMERICAN:STRW) reported strong financial results for the year ending December 31, 2022. Key highlights include Funds From Operations (FFO) of $45.0 million, a significant increase from $32.1 million in 2021. Adjusted FFO rose to $51.1 million from $43.9 million. Net income surged to $16.4 million, compared to $8.4 million in the previous year. Rental income also increased to $82.2 million. The company acquired a skilled nursing facility in January 2023 for $6.0 million. A cash dividend of $0.11 per share was declared, payable on March 31, 2023. The stock began trading on the NYSE American exchange on February 22, 2023.
Strawberry Fields REIT (OTCQX:STRW) announced its upcoming transition to trade on the New York Stock Exchange American (NYSE American) starting February 22, 2023. This shift marks a significant milestone as the company aims for enhanced market presence after operating on the OTCQX since September 2022. Founded in 2004, Strawberry Fields REIT has grown its portfolio to 86 skilled nursing and assisted living facilities across nine states, demonstrating a commitment to careful expansion. The leadership emphasizes this achievement as a testament to their hard work and dedication to meet the needs of a growing U.S. population.
Strawberry Fields REIT (OTCQX:STRW) announced the acquisition of a skilled nursing facility in Jackson, Kentucky, expanding its footprint in the Midwest and South. The Landmark of Breathitt County Rehabilitation & Nursing Center, a 120-bed facility, is the only skilled nursing property in Breathitt County and was recently renovated in 2021. This acquisition is part of Strawberry Fields' strategy to enhance quality access to skilled nursing services. CEO Moishe Gubin highlighted confidence in the management capabilities of its tenant, A&M Healthcare Investments, further strengthening their partnership.
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