Strawberry Fields REIT, Inc. detailed its disciplined approach to growing its healthcare real estate portfolio during a presentation at the NobleCon21 investor conference. Chairman and Chief Executive Officer Moishe Gubin explained the company's strategy of building a skilled-nursing-focused portfolio through conservative acquisitions, predictable cash flow, and long-term stability, supported by triple-net leases and consistent rent collection.
The real estate investment trust now holds long-term leasehold interests in 142 healthcare facilities with more than 15,500 licensed beds across 10 states. Despite operating as a self-administered REIT, the company maintains an operator-first mindset when evaluating potential acquisitions, prioritizing partnerships with healthcare providers who can effectively manage the facilities. Gubin highlighted strong third-quarter 2025 financial results during the presentation, including rental income of $39.7 million and adjusted funds from operations of $18.1 million. The company's payout ratio remains below 50%, allowing retained cash flow to fund acquisitions and support long-term growth in adjusted funds from operations. This financial discipline enables Strawberry Fields to pursue expansion while maintaining stability in its existing portfolio.
The company's portfolio includes 130 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals located throughout Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. The full presentation details are available in the company's newsroom at https://ibn.fm/STRW. Additional information about the conference and presentation format can be found through the conference organizers at https://ibn.fm/Q7SyF.
Strawberry Fields' emphasis on conservative growth strategies comes at a time when healthcare real estate faces both opportunities and challenges. The company's focus on skilled nursing facilities represents a specialized segment of the healthcare property market that requires particular expertise in both real estate management and healthcare operations. By maintaining long-term triple-net leases and achieving consistent rent collection, the REIT has established a foundation for sustainable growth in a sector that demands operational reliability. The company's approach to acquisitions prioritizes stability over rapid expansion, seeking properties that can generate predictable returns over extended periods. This strategy contrasts with more aggressive real estate investment approaches that might prioritize short-term gains over long-term sustainability. For investors, Strawberry Fields' disciplined methodology offers exposure to healthcare real estate with reduced volatility compared to more speculative property investments.
