8-K
filed June 22, 2026, 6:09 AM ET
ticker STRW
CIK 0001782430
debt
confidence high
sentiment neutral
materiality 0.65
Strawberry Fields REIT closes $300M CCF with Popular Bank; $100M term loan, $200M revolver
Strawberry Fields REIT, Inc.
- Term loan of $100M and revolving credit facility of $200M, both maturing June 18, 2029 with two one-year extension options.
- Interest rate on both facilities is the greater of 1-month Term SOFR + 275 bps or 5.50%.
- Proceeds to refinance existing secured bank debt, fund acquisitions, working capital, and general corporate purposes.
- Credit facilities are secured by a portion of SFRLP's assets and guaranteed by the Company and certain real estate subsidiaries.
- Exhibits for the loan agreements will be filed by June 25, 2026.
Key facts
Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Strawberry Fields REIT, Inc. entered into Term Loan and Security Agreement with Popular Bank valued at $100,000,000 (effective 2026-06-18).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Popular Bank
- Value
- $100,000,000
- Effective
- 2026-06-18
Exact text from the filing
On June 18, 2026, Strawberry Fields REIT, Inc. (the “Company”) closed on its previously announced Corporate Credit Facility (“CCF”) with availability up to $300 million. Strawberry Fields Realty LP (“SFRLP”), entered into (i) a Term Loan and Security Agreement and related Term Loan Note (together, the “Term Loan”) and (ii) a Revolving Loan and Security Agreement and related Revolving Loan Note with Popular Bank, as administrative agent and lender.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Strawberry Fields REIT, Inc. entered into Revolving Loan and Security Agreement with Popular Bank valued at $200,000,000 (effective 2026-06-18).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Popular Bank
- Value
- $200,000,000
- Effective
- 2026-06-18
Exact text from the filing
On June 18, 2026, Strawberry Fields REIT, Inc. (the “Company”) closed on its previously announced Corporate Credit Facility (“CCF”) with availability up to $300 million. Strawberry Fields Realty LP (“SFRLP”), entered into (i) a Term Loan and Security Agreement and related Term Loan Note (together, the “Term Loan”) and (ii) a Revolving Loan and Security Agreement and related Revolving Loan Note with Popular Bank, as administrative agent and lender.
View on SEC.gov
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