Recent Updates — STRW
Strawberry Fields REIT reported a third-quarter funds from operations (FFO) loss of $(3.6) million, or $(0.65) per share, compared to $20.7 million in the prior year period. Adjusted FFO was $18.8 million, up slightly from $18.1 million. The net loss of $(14.8) million was primarily driven by a $24.6 million non-cash foreign currency transaction loss associated with the retirement of Bond Series A, C, and D. The company also completed the $10.4 million acquisition of a hospital campus in Missouri and entered into an agreement to acquire a 99-bed skilled nursing facility for $15 million. Strawberry Fields REIT is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and healthcare-related properties.
The Board of Directors declared a quarterly cash dividend of $0.17 per share on the company's common stock. The distribution is payable on December 30, 2026, to shareholders of record as of December 16, 2026. Strawberry Fields REIT operates in the real estate investment trust sector, owning and leasing skilled nursing and healthcare-related properties.
Strawberry Fields REIT, Inc. completed an unregistered offering in Israel on September 15, 2026, yielding approximately $17 million in gross proceeds. The transaction involved the issuance of Series D Bonds with a par value of NIS 1,000 and Series 2 Warrants. Each warrant entitles holders to purchase one share of common stock at an exercise price of NIS 46 (approximately $15.12), expiring on December 30, 2027. The company entered into a Deed of Trust with Mishmeret Trust Services Company Ltd. as trustee for the bonds. Strawberry Fields REIT, Inc. operates in the real estate investment trust industry.
Strawberry Fields REIT, Inc. reported second quarter 2026 operating results on August 6, 2026. The company closed a $300 million Corporate Credit Facility (CCF) consisting of a $100 million term loan and $200 million revolving line of credit at SOFR + 2.75% to refinance existing debt and support growth. It also contracted to acquire a hospital campus near Kansas City, Missouri, for $10.4 million, expected to close in Q3 2026 with initial annual base rents of $1.04 million. For the quarter ended June 30, 2026, Funds From Operations (FFO) were $20.1 million ($0.36 per share), and Adjusted FFO was $18.1 million ($0.32 per share). Net income rose to $8.9 million from $8.7 million in the prior year period. The company operates as a real estate investment trust focused on owning, acquiring, developing, and leasing skilled nursing and healthcare-related properties.
Strawberry Fields REIT, Inc.'s Board of Directors declared a quarterly cash dividend of $0.17 per share on its common stock. The dividend is payable on September 30, 2026, to shareholders of record as of September 16, 2026. This distribution relates to the third quarter of 2026. Strawberry Fields REIT, Inc. operates in the real estate investment trust industry, owning, acquiring, developing, and leasing skilled nursing and healthcare-related properties.
Strawberry Fields REIT, Inc. closed a $300 million Corporate Credit Facility with Popular Bank, consisting of a $100 million term loan and a $200 million revolving credit facility. The facility, which matures on June 18, 2029, with two one-year extension options, bears interest at the greater of 1-month CME Term SOFR plus 275 basis points or 5.50%. The proceeds will be used to refinance existing debt, support acquisitions, and for general corporate purposes. Strawberry Fields REIT, Inc. is a real estate investment trust that manages and owns real estate assets.