secwatch.observer — SEC 8-K summary
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Issuer:     Strawberry Fields REIT, Inc. (STRW)
CIK:        0001782430
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001493152-23-017357
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strawberry Fields REIT Q1 net income $4.1M, FFO $13.6M, declares $0.11 dividend
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- Net income $4.1M vs ($5.3M) loss YoY; rental revenue up 5.6% to $21.1M.
- FFO $13.6M vs $2.0M; AFFO $13.1M vs $11.6M.
- Board declared $0.11/share dividend payable June 30 to holders of record June 16, unchanged from prior.
- One skilled nursing facility in Southern Illinois closed; impairment taken but rent continues under master lease.
- CEO noted accretive acquisition in Kentucky and up-list to NYSE American; 75% of debt fixed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782430/000149315223017357/0001493152-23-017357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782430/000149315223017357/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-017357

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