Strawberry Fields REIT agrees to acquire 8 Missouri skilled nursing facilities for $87.5M

Strawberry Fields REIT, Inc.

Purchase price $87.5M; $2.5M deposit; 8 facilities with 1,111 licensed beds.
Facilities under 15-year triple-net master lease (6th year) with two 10-year renewal options.
Closing expected before year-end, subject to due diligence through Nov 22, 2024 and other conditions.
Company plans to fund balance with third-party lender and working capital.

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