---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-021172"
form_type: "8-K"
ticker: "STRW"
cik: "0001782430"
company_name: "Strawberry Fields REIT, Inc."
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:26:35.967036+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Strawberry Fields REIT signs $102M agreement to acquire 24 Indiana healthcare facilities

## Summary
- Purchase price $102M; deposit $4M made; balance from third-party lender and working capital.
- Facilities: 19 skilled nursing (1,659 licensed beds) and 5 assisted living (193 beds, 29 licensed).
- Facilities currently leased under master lease with annual rent $9.5M triple net to tenants affiliated with directors.
- Company will lend ~$6.5M to sellers, repayable within 60 days of closing.
- Closing expected August 2023; subject to due diligence and other conditions.

## SEC filing metadata
- accession: 0001493152-23-021172
- form_type: 8-K
- ticker: STRW
- cik: 0001782430
- company_name: Strawberry Fields REIT, Inc.
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782430/000149315223021172/0001493152-23-021172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782430/000149315223021172/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-021172
- JSON: https://secwatch.observer/filing/0001493152-23-021172.json
- Plain text: https://secwatch.observer/filing/0001493152-23-021172.txt

## Key facts
- Material Agreements
  Strawberry Fields REIT, Inc. entered into Purchase and Sale Agreement with WC-Castleton LLC, WC-Chesterfield LLC, WC-Columbia City LLC, WC-Dunkirk LLC, WC-Fort Wayne LLC, WC-Hartford City LLC, WC-Hobart LLC, WC-Huntington LLC, WC-Lagrange LLC, WC-Middletown LLC, WC-Peru LLC, WC-Rockport LLC, WC-Rushville LLC, WC-Sullivan LLC, WC-Syracuse LLC, WC-Tipton LLC, WC-Wabash LLC a valued at Purchase price $102,000,000; additional loan of $6,500,000 to Sellers (effective 2023-06-08).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: WC-Castleton LLC, WC-Chesterfield LLC, WC-Columbia City LLC, WC-Dunkirk LLC, WC-Fort Wayne LLC, WC-Hartford City LLC, WC-Hobart LLC, WC-Huntington LLC, WC-Lagrange LLC, WC-Middletown LLC, WC-Peru LLC, WC-Rockport LLC, WC-Rushville LLC, WC-Sullivan LLC, WC-Syracuse LLC, WC-Tipton LLC, WC-Wabash LLC a
  - Value: Purchase price $102,000,000; additional loan of $6,500,000 to Sellers
  - Effective: 2023-06-08
  source text: On June 8, 2023, the Company entered into a Purchase and Sale Agreement (the “Purchase Agreement”), with WC-Castleton LLC, WC-Chesterfield LLC, WC-Columbia City LLC, WC-Dunkirk LLC, WC-Fort Wayne LLC, WC-Hartford City LLC, WC-Hobart LLC, WC-Huntington LLC, WC-Lagrange LLC, WC-Middletown LLC, WC-Peru LLC, WC-Rockport LLC, WC-Rushville LLC, WC-Sullivan LLC, WC-Syracuse LLC, WC-Tipton LLC, WC-Wabash LLC and WC-Wakarusa LLC (collectively, the “Sellers”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1782430/000149315223021172/0001493152-23-021172-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.