Strawberry Fields REIT, Inc. (NYSE AMERICAN:STRW) (the “Company”) announces that it completed the acquisition of eight Healthcare Facilities, comprised of 1,111 beds, located in Missouri (the “Facilities”) for $87,500,000. The Facilities are currently leased under an existing master lease agreement to a group of third-party tenants. Under the master lease, the tenant currently pays annual rents of $8.9 million on a triple net basis.
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Source: https://www.accesswire.com/957737/strawberry-fields-reit-completes-the-acquisition-of-eight-healthcare-facilities-located-in-missouri