secwatch.observer — SEC 8-K summary
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Issuer:     Strawberry Fields REIT, Inc. (STRW)
CIK:        0001782430
Form:       8-K
Filed at:   2025-05-28T23:59:59+00:00
Accession:  0001641172-25-012610
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strawberry Fields REIT enters $59M agreement to acquire nine Missouri skilled nursing facilities
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- Purchase price $59M for 686 licensed beds across nine Missouri skilled nursing facilities.
- Eight facilities to be leased to Tide Group under a new 10-year master lease with $5.5M annual rent and 3% escalators.
- Ninth facility leased to Reliant Care Group under a 15-year master lease with $0.6M annual rent and 3% escalators.
- Closing expected by July 1, 2025; funded with working capital and third-party lender; $2M deposit paid.
- Acquisition adds $6.1M in annual base rent and resets lease expiration dates (10-year and 15-year terms).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782430/000164117225012610/0001641172-25-012610-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782430/000164117225012610/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-012610

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