secwatch.observer — SEC 8-K summary
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Issuer:     Strawberry Fields REIT, Inc. (STRW)
CIK:        0001782430
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001493152-23-040808
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strawberry Fields REIT Q3 FFO down to $12.0M; acquires 24 Indiana facilities for $102M
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- FFO fell to $12.0M from $16.3M YoY; AFFO rose to $11.5M from $10.9M; net income $4.7M vs $9.3M.
- Rental income $25.8M (+6.3% YoY); 100% rent collected; portfolio now 107 facilities.
- Closed $102M acquisition of 24 Indiana healthcare facilities (19 SNF, 5 AL) in August.
- Declared $0.12/share dividend payable Dec 29, record Dec 15; expects 2024 quarterly dividends $0.12-$0.16.
- Board authorized $5M share repurchase program with no time limit; management discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782430/000149315223040808/0001493152-23-040808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782430/000149315223040808/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-040808

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