Strawberry Fields REIT Inc. Acquires Nine Missouri Healthcare Facilities for $59 Million, Expanding Portfolio to 17 Locations in the State

Reuters
07/02
<a href="https://laohu8.com/S/STRW">Strawberry Fields REIT</a> Inc. Acquires Nine Missouri Healthcare Facilities for $59 Million, Expanding Portfolio to 17 Locations in the State

Strawberry Fields REIT Inc. has successfully completed the acquisition of nine skilled nursing facilities in Missouri, totaling 686 beds, for $59 million. The transaction was funded through cash on hand and the issuance of approximately $2 million in OP Units of Strawberry Fields REIT LP to the seller. Eight of the facilities have been leased to the Tide Group, led by CEO Brian Ramos, with the lease terms extended for ten years and annual rents increased by $5.5 million. The ninth facility was leased to an affiliate of Reliant Care Group L.L.C., with lease terms extended for fifteen years and an annual rent increase of $0.6 million. This acquisition brings the company's total holdings in Missouri to 17 skilled nursing facilities, as it continues to expand its portfolio and strengthen relationships with existing tenants.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Strawberry Fields REIT Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1045174) on July 02, 2025, and is solely responsible for the information contained therein.

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