FAQ: Strawberry Fields REIT Q3 2025 Financial Results and Portfolio Expansion
TL;DR
Strawberry Fields REIT's strategic acquisitions and 100% rent collection provide investors with growing FFO and AFFO for superior portfolio performance.
Strawberry Fields REIT acquired 11 healthcare facilities for $68.55 million, increasing annual base rents by $6.6 million with 3% annual escalations.
Strawberry Fields REIT's expansion of skilled nursing facilities enhances healthcare access and quality care for communities across multiple states.
Strawberry Fields REIT now operates 142 healthcare facilities with over 15,500 beds after adding 11 new properties this quarter.
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The company reported record rental income of $39.7 million, achieved 100% rent collection, and showed significant growth in funds from operations (FFO) to $20.7 million, adjusted FFO (AFFO) to $18.1 million, and net income to $8.9 million.
The company acquired 11 skilled nursing and healthcare facilities across Missouri and Oklahoma for $68.55 million, which were funded entirely from working capital and increased annual base rents by approximately $6.6 million.
The portfolio includes 142 healthcare facilities with over 15,500 beds, comprising 130 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals across 10 states including Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee, and Texas.
Strawberry Fields REIT is a self-administered real estate investment trust that specializes in owning, acquiring, developing, and leasing skilled nursing and other healthcare-related properties.
The 11 newly acquired facilities add approximately $6.6 million in annual base rents, with each lease subject to 3% annual escalations, providing predictable revenue growth over time.
The full press release is available at https://ibn.fm/CAz62, and ongoing updates relating to STRW can be found in the company's newsroom at https://ibn.fm/STRW.
The company showed strong year-over-year growth with FFO increasing from $15.2 million to $20.7 million, AFFO growing from $14.3 million to $18.1 million, and net income rising from $6.9 million to $8.9 million.
The recent acquisitions added facilities in Missouri and Oklahoma, expanding the company's geographic footprint within its existing 10-state portfolio.
Curated from InvestorBrandNetwork (IBN)
