Strawberry Fields REIT (NYSE AMERICAN: STRW), a self-administered real estate investment trust specializing in healthcare-related properties, recently acquired its 18th facility in Missouri for $5.3 million. The new acquisition adds 108 skilled nursing beds and 16 assisted living beds to its growing portfolio, now totaling over 15,500 beds across 142 facilities in 10 U.S. states. The move is projected to boost the company’s rental income by $530,000 annually, reinforcing its strategy to meet the rising demand for elder care amid the rapidly aging U.S. population. Recognizing demographic and market trends—such as the expected doubling of Americans aged 70+ by 2030 and strong growth in the assisted living sector—the company continues expanding its footprint in medium-sized and independent-living-focused facilities to address future healthcare needs.
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About Strawberry Fields REIT Inc.
Strawberry Fields REIT 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 142 healthcare facilities with an aggregate of 15,500+ beds, located throughout the states of Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee, and Texas. The 142 healthcare facilities comprise 130 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals.
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