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

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Strawberry Fields REIT (NYSE AMERICAN: STRW) has completed the acquisition of a healthcare facility in Poplar Bluff, Missouri for $5.3 million. The facility includes 108 skilled nursing beds and 16 assisted living beds and will be integrated into an existing Master Lease with a Reliant Care Group affiliate.

The acquisition will generate $530,000 in additional annual rent with 3% yearly increases. This marks Strawberry Fields' 18th facility in Missouri. The company's total portfolio now encompasses 142 healthcare facilities with over 15,500 beds across ten states, including 130 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals.

Strawberry Fields REIT (NYSE AMERICAN: STRW) ha completato l'acquisizione di una struttura sanitaria a Poplar Bluff, Missouri, per $5,3 milioni. La struttura comprende 108 posti per assistenza infermieristica qualificata e 16 posti per assistenza residenziale e sarà integrata in un Master Lease esistente con una affiliata di Reliant Care Group.

L'acquisizione genererà $530.000 di canone annuo aggiuntivo con incrementi annuali del 3%. Questo rappresenta la diciottesima struttura di Strawberry Fields nel Missouri. Il portafoglio complessivo della società conta ora 142 strutture sanitarie con oltre 15.500 posti letto in dieci stati, incluse 130 strutture di assistenza infermieristica qualificata, 10 strutture di assistenza residenziale e due ospedali per cure acute a lungo termine.

Strawberry Fields REIT (NYSE AMERICAN: STRW) ha completado la adquisición de una instalación sanitaria en Poplar Bluff, Missouri, por $5,3 millones. La instalación incluye 108 camas de enfermería cualificada y 16 camas de asistencia residencial y se integrará en un contrato de arrendamiento maestro existente con una filial de Reliant Care Group.

La adquisición generará $530,000 en renta anual adicional con aumentos anuales del 3%. Esto marca la 18.ª instalación de Strawberry Fields en Missouri. La cartera total de la compañía ahora abarca 142 instalaciones sanitarias con más de 15.500 camas en diez estados, incluidas 130 instalaciones de enfermería cualificada, 10 de asistencia residencial y dos hospitales de atención aguda a largo plazo.

Strawberry Fields REIT (NYSE AMERICAN: STRW)는 미주리주 팝라 블러프에 있는 의료시설을 $530만에 인수 완료했습니다. 해당 시설에는 전문 간호 108병상 및 지원 주거 16병상이 포함되며 Reliant Care Group 계열사와의 기존 마스터 리스에 통합될 예정입니다.

이번 인수로 연간 추가 임대료 $530,000가 발생하며 연간 3% 인상이 적용됩니다. 이는 Strawberry Fields의 미주리 내 18번째 시설입니다. 회사의 전체 포트폴리오는 현재 10개 주에 걸쳐 15,500병상 이상을 보유한 142개 의료시설로 확대되었으며, 여기에는 130개의 전문 간호 시설, 10개의 지원 주거 시설, 2개의 장기 급성기 병원이 포함됩니다.

Strawberry Fields REIT (NYSE AMERICAN: STRW) a finalisé l'acquisition d'un établissement de soins à Poplar Bluff, Missouri, pour 5,3 millions de dollars. L'établissement comprend 108 lits de soins qualifiés et 16 lits d'habitation assistée et sera intégré dans un bail principal existant avec une filiale de Reliant Care Group.

L'acquisition générera 530 000 $ de loyer annuel supplémentaire avec des augmentations annuelles de 3 %. Il s'agit du 18e établissement de Strawberry Fields dans le Missouri. Le portefeuille total de la société comprend désormais 142 établissements de santé totalisant plus de 15 500 lits dans dix États, dont 130 établissements de soins qualifiés, 10 établissements d'habitation assistée et deux hôpitaux de soins aigus de longue durée.

Strawberry Fields REIT (NYSE AMERICAN: STRW) hat den Erwerb einer Gesundheitseinrichtung in Poplar Bluff, Missouri, für $5,3 Millionen abgeschlossen. Die Einrichtung umfasst 108 Pflegestationen für qualifizierte Pflege und 16 betreute Wohnplätze und wird in einen bestehenden Master Lease mit einer Tochtergesellschaft der Reliant Care Group integriert.

Die Akquisition wird $530.000 an zusätzlicher Jahresmiete generieren, mit jährlichen Steigerungen von 3%. Dies ist die 18. Einrichtung von Strawberry Fields in Missouri. Das Gesamtportfolio des Unternehmens umfasst nun 142 Gesundheitseinrichtungen mit über 15.500 Betten in zehn Bundesstaaten, darunter 130 Pflegeeinrichtungen, 10 betreute Wohnanlagen und zwei Krankenhäuser für langfristig-akute Versorgung.

Positive
  • Acquisition will generate $530,000 in additional annual rental income
  • Guaranteed 3% annual rent increases built into the lease agreement
  • Strategic expansion to 18th facility in Missouri, strengthening regional presence
  • Property added to existing Master Lease, indicating operational efficiency
Negative
  • Additional exposure to healthcare sector risks and regulatory compliance
  • Increased geographic concentration in Missouri market

Insights

Strawberry Fields REIT expands Missouri footprint with $5.3M facility acquisition, yielding 10% cap rate with built-in growth.

Strawberry Fields REIT has strategically expanded its Missouri portfolio with the $5.3 million acquisition of a mixed-use healthcare facility in Poplar Bluff. The property includes 108 skilled nursing beds and 16 assisted living beds, adding diversity to their healthcare real estate portfolio. The transaction structure reveals several positive aspects worth highlighting.

First, the deal offers an impressive 10% initial cap rate (annual rent of $530,000 on a $5.3 million purchase), significantly above typical healthcare REIT yields in today's market. The master lease includes 3% annual rent escalators, providing built-in revenue growth that exceeds inflation expectations.

The existing relationship with Reliant Care Group is noteworthy - adding this facility to an existing master lease suggests operational synergies and reduced integration risk. This marks Strawberry Fields' 18th facility in Missouri, demonstrating geographic clustering that typically leads to operational efficiencies and stronger regional market influence.

With this addition, Strawberry Fields now operates 142 healthcare facilities with over 15,500 beds across 10 states. The company's focus on skilled nursing (130 facilities) positions them in a sector with growing demand from aging demographics. This acquisition aligns perfectly with their specialized healthcare REIT strategy, emphasizing steady income generation from essential care facilities.

SOUTH BEND, Ind., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Strawberry Fields REIT, Inc. (NYSE AMERICAN: STRW) (the “Company”) today announced, it completed the acquisition of a facility comprised of 108 skilled nursing beds and 16 assisted living beds for $5.3 million located in Poplar Bluff, Missouri.

The facility was added to an existing Master Lease with an affiliate of Reliant Care Group L.L.C. The acquisition will increase the Company's annual rents by $530 thousand dollars and is subject to 3% annual increases.

This acquisition marks the 18th facility for the Company in Missouri.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc., is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company’s portfolio includes 142 healthcare facilities with an aggregate of 15,500+ beds, located throughout the states of Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. The 142 healthcare facilities comprise 130 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals.

Safe Harbor Statement

Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Those forward-looking statements include all statements that are not historical statements of fact and those regarding our intent, belief or expectations, including, but not limited to, statements regarding: future financing plans, business strategies, growth prospects and operating and financial performance; expectations regarding the making of distributions and the payment of dividends; and compliance with and changes in governmental regulations.  Words such as “anticipate(s),” “expect(s),” “intend(s),” “plan(s),” “believe(s),” “may,” “will,” “would,” “could,” “should,” “seek(s)” and similar expressions, or the negative of these terms, are intended to identify such forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties that could lead to actual results differing materially from those projected, forecasted or expected. Although we believe that the assumptions underlying the forward-looking statements are reasonable, we can give no assurance that our expectations will be attained. Factors which could have a material adverse effect on our operations and future prospects or which could cause actual results to differ materially from our expectations include, but are not limited to: (i) the COVID-19 pandemic and the measures taken to prevent its spread and the related impact on our business or the businesses of our tenants; (ii) the ability and willingness of our tenants to meet and/or perform their obligations under the triple-net leases we have entered into with them, including, without limitation, their respective obligations to indemnify, defend and hold us harmless from and against various claims, litigation and liabilities; (iii) the ability of our tenants to comply with applicable laws, rules and regulations in the operation of the properties we lease to them; (iv) the ability and willingness of our tenants to renew their leases with us upon their expiration, and the ability to reposition our properties on the same or better terms in the event of nonrenewal or in the event we replace an existing tenant, as well as any obligations, including indemnification obligations, we may incur in connection with the replacement of an existing tenant; (v) the availability of and the ability to identify (a) tenants who meet our credit and operating standards, and (b) suitable acquisition opportunities, and the ability to acquire and lease the respective properties to such tenants on favorable terms; (vi) the ability to generate sufficient cash flows to service our outstanding indebtedness; (vii) access to debt and equity capital markets; (viii) fluctuating interest rates; (ix) the ability to retain our key management personnel; (x) the ability to maintain our status as a real estate investment trust (“REIT”); (xi) changes in the U.S. tax law and other state, federal or local laws, whether or not specific to REITs; (xii) other risks inherent in the real estate business, including potential liability relating to environmental matters and illiquidity of real estate investments; and (xiii) any additional factors included under “Risk Factors” in our Form S-3/A filed with the SEC on July 25, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of such report, as such risk factors may be amended, supplemented or superseded from time to time by other reports we file with the SEC.

Forward-looking statements speak only as of the date of this press release. Except in the normal course of our public disclosure obligations, we expressly disclaim any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any statement is based.

Investor Relations:

Strawberry Fields REIT, Inc.
IR@sfreit.com
+1 (773) 747-4100 x422


FAQ

What is the value of Strawberry Fields REIT's latest acquisition in Missouri?

Strawberry Fields REIT (STRW) acquired a healthcare facility in Poplar Bluff, Missouri for $5.3 million.

How many beds does the newly acquired Strawberry Fields REIT facility have?

The facility comprises 108 skilled nursing beds and 16 assisted living beds, totaling 124 beds.

What is the expected annual rental income from STRW's new Missouri facility?

The acquisition will increase Strawberry Fields REIT's annual rents by $530,000 with 3% annual increases.

How many facilities does Strawberry Fields REIT now own in Missouri?

With this acquisition, Strawberry Fields REIT now owns 18 facilities in Missouri.

What is the total size of Strawberry Fields REIT's healthcare facility portfolio?

Strawberry Fields REIT's portfolio includes 142 healthcare facilities with over 15,500 beds across ten states.
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REIT - Healthcare Facilities
Real Estate Investment Trusts
United States
SOUTH BEND