08:10 AM EDT, 09/02/2025 (MT Newswires) -- Strawberry Fields REIT ( STRW ) said Tuesday it has completed the acquisition of a skilled nursing and assisted living facility in Poplar Bluff, Missouri, for $5.3 million.
The facility, comprised of 108 skilled nursing beds and 16 assisted living beds, is leased under a master lease agreement, the company said.
The acquisition will increase Strawberry Fields' annual rents by $530,000 with 3% annual increases, Strawberry Fields added.