Strawberry Fields REIT Enters into Agreement for Eight Healthcare Facilities Located in Missouri

On October 8, 2024, Strawberry Fields REIT, Inc. (NYSE AMERICAN:STRW) (the “Company”) entered into a Purchase and Sale Agreement with an unaffiliated seller with respect to eight Healthcare Facilities located in Missouri (the “Facilities”). The purchase price for the Facilities is $87,500,000, payable at the closing. The Facilities are currently leased under a master lease agreement to a group of third- party tenants. Under the master lease, the tenant currently pays annual rent on a triple net basis. The eight Facilities are comprised of 1,111 licensed beds.

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Source: https://www.accesswire.com/930543/strawberry-fields-reit-enters-into-agreement-for-eight-healthcare-facilities-located-in-missouri

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