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Strawberry Fields REIT Buys Missouri Senior Care Facility for $5.3M, Adding $530K in Annual Rent

Benzinga·09/02/2025 10:33:43
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Strawberry Fields REIT, Inc. (NYSE: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.