Strawberry Fields REIT Q3 FFO $15.2M, net income $6.9M; acquires two facilities, declares $0.14 div

Strawberry Fields REIT, Inc.

2024-Q3 EPS reported $0.40 revenue$86,570,000

Q3 2024: FFO $15.2M (vs $12.0M), net income $6.9M (vs $4.7M), rental income $29.5M (vs $25.8M).
Acquired Texas SNF (254 beds, $15.25M) and Tennessee SNF/AL (106 beds, $6.7M funded via debt, stock, assets).
Declared $0.14/sh dividend payable Dec 30, 2024 to holders of record Dec 16, 2024.
ATM program established under Form S-3 for additional financing flexibility and liquidity.
Nine-month 2024 FFO $44.6M, net income $19.9M, rental income $86.6M; all up YoY.

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