secwatch.observer — SEC 8-K summary
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Issuer:     Strawberry Fields REIT, Inc. (STRW)
CIK:        0001782430
Form:       8-K
Filed at:   2023-08-15T23:59:59+00:00
Accession:  0001493152-23-028831
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strawberry Fields REIT Q2 net income $5.7M, FFO $12.7M; enters $102M Indiana acquisition
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- Q2 2023 net income $5.7M vs $5.3M YoY; FFO $12.7M vs $12.6M; AFFO $13.4M vs $13.3M.
- Rental income increased 11.6% to $24.3M due to escalations, renewals, and higher property tax collections.
- Entered contract to acquire 24 healthcare facilities in Indiana for $102.0M; expects close by end of Q3 2023.
- Issued Series D Bonds on Tel-Aviv Stock Exchange: NIS 82.9M ($22.9M) at 9.1% interest; additional NIS 70M in July.
- Declared $0.11/share cash dividend payable Sept 29, 2023 to holders of record Sept 15, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782430/000149315223028831/0001493152-23-028831-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782430/000149315223028831/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-028831

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