- 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 (https://nnw.fm/QrOtg).
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 recognizes the need and opportunity and is taking a leadership position by assembling a significant network of skilled nursing facilities in America’s heartland, each equipped to serve its community both now and in the future.
In a study conducted by Precedence Research, it was noted that the global assisted living market size stood at $4.52 billion in 2025 and was forecasted to reach $8.6 billion by 2034, representing a CAGR of 7.4% over the forecast period. As of 2024, North America held the largest market share, with Europe coming in second. By size and design, the medium-sized assisted living facilities segment captured the biggest market share in 2024, with independent living with limited assistance capturing the largest share of the market by level of care (https://nnw.fm/ZqIYV).
The Company recognizes these trends and customer preferences and has aligned its investments and acquisitions accordingly. Currently, its portfolio comprises 142 healthcare facilities with an aggregate of over 15,500 beds, across the states of Arkansas, Illinois, Indiana, Kansas, Kentucky, Ohio, Missouri, Oklahoma, Tennessee, and Texas. These facilities comprise 130 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals (https://nnw.fm/QrOtg).
The Company’s Management has lauded this acquisition, noting that it will increase its rents by $530,000, subject to 3% annual increases. In addition, this investment continues to stamp the company’s position as a leader in its segment, even as it keeps impacting millions of lives and families across the United States.
For more information, visit the company’s website at www.StrawberryFieldsREIT.com.
NOTE TO INVESTORS: The latest news and updates relating to STRW are available in the company’s newsroom at https://nnw.fm/STRW
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