Strawberry Fields REIT Announces Acquisition of Hospital Campus in Missouri
Strawberry Fields REIT expands its Missouri footprint with a newly acquired hospital campus added to an existing master lease.
Rhea-AI Summary
Strawberry Fields REIT (STRW) has completed the acquisition of a hospital campus in Marshall, Missouri. The campus includes a 60-bed hospital, a 99-bed skilled nursing facility and a medical office building, and has been added to an existing master lease with an affiliate of American Medical Administrators, formerly Reliant Care Group. Following this transaction, Strawberry Fields owns and leases 21 healthcare facilities in Missouri.
The company’s broader portfolio now includes 145 healthcare facilities with more than 15,600 beds across Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. These consist of 131 skilled nursing facilities, 10 assisted living facilities, three hospitals and one medical office building. The CEO stated that acquisition activity had started slowly in the year, and that with this completed deal and several additional transactions under consideration, the company hopes to end the year on a strong note.
Positive
- Hospital campus acquired in Marshall, Missouri, including 60-bed hospital, 99-bed skilled nursing facility and medical office building
- 21 healthcare facilities now owned and leased in Missouri after the transaction
- 145 healthcare facilities in total portfolio with 15,600+ beds across 10 states
Negative
- None.
Key Figures
- Hospital capacity
- 60 beds
- Acquired Missouri hospital campus
- Skilled nursing capacity
- 99 beds
- Acquired Missouri hospital campus
- Missouri healthcare facilities
- 21 facilities
- Company portfolio following the acquisition
Previous Acquisition Reports
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Completed Missouri acquisition added to a Reliant Care Group master lease
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Nine Missouri facilities acquired and added 686 healthcare beds
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Eight Missouri healthcare facilities established the company's state presence
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
master lease financial
real estate investment trust financial
skilled nursing facility medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
SOUTH BEND, Ind., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Strawberry Fields REIT, Inc. (NYSE AMERICAN: STRW) (the “Company”) today announced that it recently completed the acquisition of a hospital campus in Marshall, Missouri. The campus comprises a 60-bed hospital, 99-bed skilled nursing facility and medical office building.
The campus was added to an existing Master Lease with an affiliate of American Medical Administrators; formally known as Reliant Care Group. Following the acquisition, the Company owns and leases 21 healthcare facilities in Missouri.
Moishe Gubin, the Company’s Chairman & CEO, noted: “I am pleased to announce that we closed this deal and continue growing in Missouri. As I mentioned in our earnings call last month, acquisition activity began slowly this year. With this transaction completed and several additional transactions under consideration, we hope to finish the year on a strong note."
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 145 healthcare facilities with an aggregate of 15,600+ beds, located throughout the states of Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. The 145 healthcare facilities comprise 131 skilled nursing facilities, 10 assisted living facilities, three hospitals, and a medical office building.
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 8-K filed with the SEC on April 14, 2026, 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What specific facilities are included in the newly acquired Missouri hospital campus?
The acquired campus in Marshall, Missouri comprises a 60-bed hospital, a 99-bed skilled nursing facility and a medical office building.
How is the new hospital campus being leased by Strawberry Fields REIT?
The hospital campus has been added to an existing master lease with an affiliate of American Medical Administrators, which was formerly known as Reliant Care Group.
What is the current composition of Strawberry Fields REIT’s overall portfolio?
The portfolio includes 145 healthcare facilities with more than 15,600 beds across several states, consisting of 131 skilled nursing facilities, 10 assisted living facilities, three hospitals and one medical office building.
What does management say about the pace of acquisitions this year?
The CEO said acquisition activity began slowly this year, and that with this transaction completed and several additional transactions under consideration, the company hopes to finish the year on a strong note.