Strawberry Fields REIT agrees to buy six Kansas healthcare facilities for $24M

Strawberry Fields REIT, Inc.

Purchase price $24M for six facilities: five skilled nursing, one assisted living, 354 licensed beds.
Facilities to be leased to Advena Living under 10-year triple-net lease with 3% annual rent escalations.
Annual rent of $2.4M added to portfolio; acquisition funded from working capital.
Closing expected before year-end 2024, subject to due diligence through Feb 3, 2025 and other conditions.

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