secwatch.observer — SEC 8-K summary
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Issuer:     Strawberry Fields REIT, Inc. (STRW)
CIK:        0001782430
Form:       8-K
Filed at:   2026-06-22T10:09:37+00:00
Accession:  0001493152-26-029451
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strawberry Fields REIT closes $300M CCF with Popular Bank; $100M term loan, $200M revolver
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782430/000149315226029451/0001493152-26-029451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782430/000149315226029451/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-029451

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