Strawberry Fields REIT, Inc. reported operating results for the year ended Dec. 31, 2025, with funds from operations reaching $79.6 million or $1.43 per share, up from $60.2 million or $1.15 per share in 2024. Adjusted funds from operations increased to $72.5 million or $1.30 per share from $55.8 million or $1.07 per share the previous year. The company maintained 100% rent collections throughout the year, demonstrating stability in its healthcare property portfolio. Net income rose to $33.3 million from $26.5 million, while rental income increased significantly to $155.0 million from $117.1 million. These financial improvements reflect the company's strategic growth initiatives and operational efficiency in the healthcare real estate sector.
During 2025, Strawberry Fields executed several strategic moves to expand its portfolio. The company entered into a new 10-year Kentucky master lease with $23.3 million in base rent subject to consumer price index increases, providing long-term revenue stability. Additionally, the REIT acquired multiple skilled nursing and healthcare facilities across Kansas, Missouri and Oklahoma totaling more than 1,200 beds, expanding its geographic footprint and operational scale. The company strengthened its financial position by issuing approximately $89.5 million in Series B bonds on the Tel Aviv Stock Exchange at a 6.70% fixed rate. This financing provides capital for further expansion while locking in favorable interest rates.
Strawberry Fields' portfolio now includes 143 healthcare facilities with more than 15,600 beds across ten states, comprising 131 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals. The company's focus on skilled nursing and healthcare-related properties positions it to benefit from demographic trends and healthcare industry dynamics. The full details of the company's 2025 performance are available in the official press release at https://ibn.fm/wR6ME. Investors seeking additional information about the company's performance can access detailed reports through the company's newsroom at https://ibn.fm/STRW.
The healthcare real estate sector continues to demonstrate resilience, with Strawberry Fields' results indicating strong demand for skilled nursing facilities. The company's expansion into new markets and strategic financing arrangements suggest continued growth potential in 2026 and beyond. These developments matter because they reflect broader trends in healthcare real estate investment and the ongoing need for quality healthcare facilities as demographic shifts increase demand for senior care services. Chairman and CEO Moishe Gubin stated that these results position the company for continued accretive growth in 2026.
