Strawberry Fields REIT (NYSE AMERICAN: STRW) reported operating results for the year ended Dec. 31, 2025, highlighting record performance driven by strong funds from operations (FFO) and portfolio expansion. The company achieved 100% rent collections during the year, with FFO reaching $79.6 million, or $1.43 per share, and adjusted FFO (AFFO) of $72.5 million, or $1.30 per share. This compares favorably to 2024 figures of $60.2 million ($1.15 per share) and $55.8 million ($1.07 per share), respectively. Net income rose to $33.3 million from $26.5 million, while rental income increased to $155.0 million from $117.1 million.
During 2025, the company executed a new 10-year Kentucky master lease with $23.3 million in base rent subject to CPI increases, acquired multiple skilled nursing and healthcare facilities across Kansas, Missouri, and Oklahoma totaling more than 1,200 beds, and issued approximately $89.5 million in Series B bonds on the Tel Aviv Stock Exchange (TASE) at a 6.70% fixed rate. According to Chairman and CEO Moishe Gubin, these actions position the company for continued accretive growth in 2026.
Strawberry Fields REIT is a self-administered real estate investment trust focused on owning, acquiring, developing, and leasing skilled nursing and other healthcare-related properties. Its portfolio includes 143 healthcare facilities with an aggregate of over 15,600 beds across ten states: Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee, and Texas. The facilities comprise 131 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals.
The strong operational results and strategic initiatives underscore the company's ability to generate consistent cash flows and expand its footprint in the healthcare real estate sector. The 100% rent collection rate reflects the stability of its tenant base and the essential nature of its properties. The new Kentucky master lease and acquisitions in the Midwest add high-quality assets to the portfolio, while the bond issuance on the TASE provides long-term, fixed-rate capital to fund future growth without diluting equity holders.
For more details on the full press release, visit https://ibn.fm/wR6ME. The latest news and updates relating to STRW are available in the company’s newsroom at https://ibn.fm/STRW.
