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Strawberry Fields REIT Buys Eight Healthcare Facilities for $87.5 Million
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Strawberry Fields REIT Buys Eight Healthcare Facilities for $87.5 Million
Dec 20, 2024 8:49 AM

11:24 AM EST, 12/20/2024 (MT Newswires) -- Strawberry Fields REIT ( STRW ) said Friday that it has acquired eight healthcare facilities in Missouri for $87.5 million.

The facilities, comprised of 1,111 beds, are leased to a group of third-party tenants under a master lease agreement, with annual rents of $8.9 million on a triple net basis, the company said.

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