secwatch.observer — SEC 8-K summary
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Issuer:     Strawberry Fields REIT, Inc. (STRW)
CIK:        0001782430
Form:       8-K
Filed at:   2023-06-14T23:59:59+00:00
Accession:  0001493152-23-021172
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782430/000149315223021172/0001493152-23-021172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782430/000149315223021172/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-021172

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