m_and_a
confidence high
sentiment neutral
materiality 0.65
Strawberry Fields completes $59M acquisition of 9 Missouri skilled nursing facilities (686 beds)
Strawberry Fields REIT, Inc.
- Acquisition closed July 1, 2025; purchase price $59M funded by cash on hand and $2M in OP Units.
- Missouri Portfolio Group 2: FY2024 rental revenue $4.243M, six-month June 2025 rental revenue $2.210M.
- Revenue in excess of certain expenses: $3.885M in FY2024, $2.031M in H1 2025.
- Pro forma combined net income: $28.877M (FY2024) and $16.928M (H1 2025), reflecting acquisition adjustments.
- Facilities leased under triple-net master leases with existing third-party tenants; lease terms reset.
item 9.01