debt
confidence high
sentiment neutral
materiality 0.65
Strawberry Fields REIT closes $300M credit facility with Popular Bank
Strawberry Fields REIT, Inc.
- $100M term loan and $200M revolving credit facility closed June 18, 2026.
- Interest at SOFR+275bps or 5.50% floor; matures June 18, 2029 with extension options.
- Proceeds to refinance secured bank debt, fund acquisitions, working capital & corporate purposes.
- Guaranteed by Strawberry Fields REIT and certain real estate subsidiaries.
- Facility replaces existing secured debt and supports growth strategy.