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. reports news about its self-administered healthcare real estate portfolio, which focuses on skilled nursing facilities and other post-acute healthcare properties. Company updates commonly cover rental revenue, contractual rent collection, master lease activity, property acquisitions, healthcare facility development and leasing, and portfolio composition across skilled nursing, assisted living and long-term acute care assets.
Recurring announcements also include common stock cash dividends, quarterly and annual operating results, earnings calls, investor presentations, financing arrangements and annual stockholder meeting matters. The company’s news generally reflects the economics of a healthcare REIT that owns facilities and leases them to operators under long-term real estate arrangements.
Strawberry Fields REIT (OTCQX: STRW) announced strong operating results for Q3 2022, reporting Funds from Operations (FFO) of $11.24 million, compared to $9.51 million in Q3 2021. Adjusted Funds from Operations (AFFO) also increased to $10.87 million from $10.42 million. The net income rose to $9.25 million versus $2.68 million last year. Total rental income was $21.56 million, an increase from $20.63 million. The company has also successfully re-leased six facilities in Illinois, adding stability to its portfolio.