Strawberry Fields REIT Inc. (NYSE AMERICAN: STRW) Locks In 18Th Facility In Missouri With New $5.3 Million Acquisition
-
Strawberry Fields REIT (the“Company”), a self-administered REIT, just locked in its 18th facility in Missouri with a $5.3 million acquisition
The facility is comprised of 108 nursing beds and 16 assisted living beds, bringing the Company's total to over 15,500 beds covering 142 healthcare facilities in 10 states across the United States
The Company's Management notes that the acquisition will increase its rents by $530,000, and is subject to 3% annual increases
Strawberry Fields REIT (NYSE: AMERICAN: STRW) , a self-administered real estate investment trust engaged in the ownership, acquisition and leasing of skilled nursing and specific other healthcare-related properties, just locked in its 18th facility in Missouri with a $5.3 million acquisition. The facility, comprised of 108 skilled nursing beds and 16 assisted living beds, is part of Strawberry Fields' mission to fulfill the growing need for qualified elder care facilities across the United States ( ).
It is estimated that over the next two decades, the population aged 70 and above will become the country's dominant age group. In addition, it is projected that by 2030, there will be 72 million older persons, more than twice their number in 2000 and up from 54 million in 2020. The Company...
Read More>>
NOTE TO INVESTORS: The latest news and updates relating to STRW are available in the company's newsroom at
About InvestorWire
InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers : (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ; (2) article and editorial syndication to 5,000+ outlets ; (3) enhanced press release enhancement to ensure maximum impact ; (4) social media distribution via IBN to millions of social media followers ; and (5) a full array of tailored corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.
For more information, please visit
Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: /Disclaimer
InvestorWire
Austin, Texas
512.354.7000 Office
[email protected]
InvestorWire is powered by IBN
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Kucoin Partners With Golf Icon Adam Scott As Global Brand Ambassador
- Mediafuse Joins Google For Startups Cloud Program To Scale AI-Driven, Industry-Focused PR Distribution
- Solotto Launches As Solana's First-Ever Community-Powered On-Chain Lottery
- 1Inch Unlocks Access To Tokenized Rwas Via Swap API
- Leverage Shares Launches First 3X Single-Stock Etps On HOOD, HIMS, UNH And Others
- Forex Expo Dubai 2025 Returns October 67 With Exclusive Prize Draw Including Jetour X70 FL
Comments
No comment