<a href="https://laohu8.com/S/STRW">Strawberry Fields REIT</a> net income rises to $24.5 million on higher rental revenues in Q3 2025
Strawberry Fields REIT Inc. reported net income of $24.5 million for the third quarter of 2025, an increase from $6.9 million in the same period in 2024. This growth was mainly due to higher rental income from property acquisitions and lease re-tenanting. Interest expense rose by 54%, or $13.0 million, primarily from additional interest on a commercial bank loan and bond issuances. Property and other taxes increased by $0.6 million, reflecting higher pass-through costs linked to recent acquisitions. The company collected 100% of contractual rents during the period. In July 2025, Strawberry Fields REIT completed the acquisition of nine skilled nursing facilities in Missouri for $59.0 million, adding 686 beds and increasing annual rents by $6.1 million, with 3% annual rent increases built into the new leases.
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 GlobeNewswire (Ref. ID: GNW9570873-en) on November 06, 2025, and is solely responsible for the information contained therein.
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