Strawberry Fields REIT Inc. has announced the successful acquisition of a skilled nursing and assisted living facility in Poplar Bluff, Missouri, for $5.3 million. The facility consists of 108 skilled nursing beds and 16 assisted living beds and will be added to an existing Master Lease with Reliant Care Group L.L.C. This acquisition will boost the company's annual rents by $530,000, with 3% annual increases, and marks the 18th facility for Strawberry Fields REIT in Missouri.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Strawberry Fields REIT Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9521308-en) on September 02, 2025, and is solely responsible for the information contained therein.
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