Strawberry Fields REIT Inc. (NYSE American: STRW) reported $18.9 million in adjusted funds from operations (AFFO) and $8.7 million in net income for the second quarter of 2025, highlighting its financial resilience and growth trajectory. Rental income surged 29% year-over-year, driven by recent acquisitions and lease renewals, underscoring the company's effective expansion strategy.
The REIT owns and leases 142 healthcare facilities with over 15,500 licensed beds across 10 states, utilizing long-term triple-net leases with built-in escalators to ensure predictable, recurring revenue. Recent acquisitions in Missouri and Oklahoma contributed $7.1 million in new annual base rent, further solidifying its portfolio. Initially spun out in 2015 with 33 properties in Indiana and Illinois, Strawberry Fields has expanded steadily by focusing on markets with demographic tailwinds and regulatory barriers that support long-term demand for skilled nursing and healthcare properties.
Strawberry Fields REIT is a self-administered real estate investment trust engaged in the ownership, acquisition, development, and leasing of healthcare-related properties, leasing facilities to experienced third-party operators under triple-net agreements. Its disciplined strategy emphasizes collaboration with regional operators and consultants, achieving compound annual growth rates from 2020 through projected 2025. Investors can access the latest updates and news relating to STRW through the company's newsroom at https://ibn.fm/STRW.
The performance and growth of Strawberry Fields REIT matter due to its role in the healthcare real estate sector, which benefits from aging demographics and increasing demand for skilled nursing facilities. The company's stable revenue model and strategic acquisitions position it as a noteworthy player for investors seeking exposure to resilient healthcare infrastructure assets.
