Strawberry Fields REIT, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $185.5M
- Price
- $13.10
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.00%
- Volume
- 50.9K
About
Strawberry Fields REIT, Inc., is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company’s portfolio includes 143 healthcare facilities with an aggregate of 15,600+ beds, located throughout the states of Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. The 143 healthcare facilities comprise 131 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals. Strawberry Fields REIT, Inc. was incorporated in 2019 in Maryland, USA.
Quick stats
Shares outstanding14.2M
Computed float11.4M
Float / shares80.8%
Key info
SectorReal Estate
IndustryREIT - Healthcare Facilities
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001782430
AI Summary
AI-generated1/8
minorbullishm and a
Strawberry Fields REIT Announces Acquisition of Hospital Campus in Missouri
Strawberry Fields REIT completed the acquisition of a hospital campus in Marshall, Missouri, comprising a 60-bed hospital, a 99-bed skilled nursing facility, and a medical office building.
The campus was added to an existing Master Lease with an affiliate of American Medical Administrators (formerly Reliant Care Group), bringing the company to 21 owned and leased healthcare facilities in Missouri.
Chairman & CEO Moishe Gubin noted acquisition activity began slowly this year but said that with this deal closed and several additional transactions under consideration, the company hopes to finish the year on a strong note. The total portfolio now spans 145 healthcare facilities with 15,600+ beds across 10 states.
Red flags
- No purchase price, financing details, or cap rate disclosed for the acquisition
- CEO acknowledges acquisitions began slowly this year; remaining pipeline is only 'transactions under consideration,' not committed deals
- Concentration risk: 21 of 145 facilities (and the new asset) sit under one master lease relationship with an American Medical Administrators affiliate