earnings
confidence high
sentiment positive
materiality 0.60
Strawberry Fields Q1 FFO $0.38/share, signs $300M CCF term sheet, acquires hospital campus for $8.6M
Strawberry Fields REIT, Inc.
2026-Q1 EPS reported
$0.17
revenue$39,984,000
- FFO $20.9M ($0.38/share); AFFO $18.8M ($0.34/share); net income $9.5M vs $7.0M YoY.
- Signed term sheet for $300M Corporate Credit Facility (SOFR+2.75%); expects close in Q2 2026.
- Contract to acquire hospital campus near Kansas City for $8.6M; initial base rents $860K with 3% annual increases.
- 100% contractual rents collected; rental income $40.0M, up 7.1% YoY.