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In The News

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Strawberry Fields REIT Inc. Announces Share Repurchase Program

Nov 14, 2023

Strawberry Fields REIT Inc. Q4 2023 Cash Dividend of $0.12 per Common Share

Nov 14, 2023

Strawberry Fields REIT Announces Third Quarter 2023 Operating Results

Nov 14, 2023

Strawberry Fields REIT to Begin Trading on the New York Stock Exchange American

Feb 16, 2023

Strawberry Fields CEO Says REIT Follows a ‘Disciplined’ Investing Approach

Jan 12,2023

Strawberry Fields REIT Acquires a Skilled Nursing Facility in Jackson, Kentucky

Jan 10,2023

Strawberry Fields REIT forever: US healthcare REIT files for a Nasdaq direct listing

Mar 30, 2022

Strawberry Fields REIT Announces Public Filing of Registration Statement with SEC for a Proposed Direct Listing of its Common Stock

Mar 28, 2022

Strawberry Fields REIT Plans to Go Public, Grow its SNF Footprint in 2022

Mar 28, 2022

September 02, 2021 - Strawberry Fields REIT Acquires Six Nursing Facilities in Kentucky and Tennessee for $80+ Million


August 31, 2021 - Strawberry Fields REIT Spends Over $80M Acquiring Six SNFs in Kentucky and Tennessee


October 26, 2020 - The Apartment Report - Acquisition of the Week


June 12, 2020 - Strawberry Fields REIT Acquires A Skilled Nursing Facility for $5.4 Million


June 10, 2020 - Strawberry Fields Grows in Kentucky with $5.4M Pickup


June 10, 2020 - Strawberry Fields REIT Acquires A Skilled Nursing Facility for $5.4 Million


June 10, 2020 - Strawberry Fields REIT Acquires A Skilled Nursing Facility for $5.4 Million


Nov 20, 2019 - Strawberry Fields REIT Acquires Skilled Nursing Facility in Indiana for $3.2M


Nov 19, 2019 - Strawberry Fields REIT Invests in Indiana SNF


Nov 19, 2019 - Strawberry Fields’ $3.15M Skilled Nursing Buy, Capital Funding’s Bridge Loan for Six Illinois Facilities


Nov 19, 2019 - Strawberry Fields REIT Purchases 72-Bed Skilled Nursing Facility in Indiana for $3.1M


Nov 17, 2019 - Strawberry Fields REIT Acquires A Skilled Nursing Facility for $3.15 Million


Jul 15, 2019 - Strawberry Fields Pays $15M for IL Skilled Nursing Facility


Jul 11, 2019 - Strawberry Fields’ $15M Skilled Nursing Buy; Saber’s Footprint Grows by Three


Jul 11, 2019 - Strawberry Fields REIT Acquires A Skilled Nursing Facility for $15 Million


Jul 11, 2019 - Strawberry Fields REIT Acquires 231-Bed Skilled Nursing Facility in Des Plaines, Illinois for $15 Million


Jun 12, 2019 - Strawberry Fields REIT Acquires Skilled Nursing Facility in Illinois for $15M


May 22, 2019 - Skyline Healthcare Sells Three Arkansas SNFs


May 22,2019 - Three SNFs Purchased for 14.3 Million


May 21,2019 - Strawberry Fields REIT Acquires Three Skilled Nursing Facilities for 14.3 Million


May 21,2019 - Strawberry Fields Grows to 70 SNFs


May 21,2019 - Strawberry Fields Expands Portfolio with 14M Buy


May 21,2019 - Strawberry Fields REIT Acquires Three Skilled Nursing Facilities


April 10, 2019 - Strawberry Fields REIT Acquires Its 10th Arkansas Skilled Nursing Facility for $6.85 Million


April 9, 2019 - Strawberry Fields REIT Acquires its 10th Arkansas Skilled Nursing Facility for $6.85 Million


Feb 26, 2019 - Strawberry Fields REIT Pays $21M for KY Skilled Nursing Portfolio


Feb 26, 2019 - Pennsylvania SNF Sells for $20.9M; Strawberry Fields’ $21M Kentucky Play


Feb 26, 2019 - Strawberry Fields REIT Acquires Three Skilled Nursing Facilities in Kentucky for $21M


Feb 25, 2019 - Strawberry Fields REIT Acquires Three Skilled Nursing Facility Portfolio Located in Kentucky for $21 Million


Feb 22, 2019 - Strawberry Fields REIT Acquires Three Skilled Nursing Facility Portfolio Located in Kentucky for $21 Million


Feb 21, 2019 - Strawberry Fields REIT Acquires Three Skilled Nursing Facilities in Kentucky for $21M


Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange - PR Newswire


Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange - The Post and Mail


Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange - The Pilot News


Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange - Decatur Daily Democrat


Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange - Marketwatch


Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange - Financial Content


Strawberry Fields Grows in Kentucky - The Senior Care Investor


May 18, 2018 by Steve Monroe

Kentucky’s largest not-for-profit senior living and long-term care provider, Christian Care Communities, worked with Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors to sell its 92-bed skilled nursing facility in Louisville. Ideally located near multiple hospitals and other referral sources, the facility was originally built in 1962, but was recently renovated in both 2012 and 2014. Occupancy was around 81%, but trailing cash flows were negative, prompting Blueprint to position the asset as a value-add opportunity. For a purchase price of $6.5 million, the facility ultimately sold to Strawberry Fields REIT, which leased it to Landmark Group to operate.
The deal comes in the midst of an incredibly active Spring for the Blueprint team, which also recently closed the sale of a 100-unit independent living community in Liverpool, New York (mentioned in the May issue of The SeniorCare Investor). Chicago Pacific Founders bought the property from Capitol Seniors Housing for an undetermined amount and had its operating subsidiary, Grace Management, take over operations. Ben Firestone, Jacob Gehl, Michael Segal and Steve Thomes handled that transaction.
Plus, a publicly traded REIT sold three skilled nursing facilities just outside of Boston with 288 beds, with the help of Blueprint’s Chris Hyldahl, Gideon Orion and Mr. Thomes. The REIT’s tenant wanted to reduce its exposure to the greater Boston market. The facilities have an average occupancy rate of 90% with a 15% quality mix, which is not so great in this market environment. Total revenues were $21 million, which comes to about $222 per patient day, which reflects the low quality mix. Blueprint, in its 15th Massachusetts sale, also helped find a capital provider for the buyer, a regional operator seeking to enter the Massachusetts market.


Strawberry Fields REIT Issues New Bond Series B for $65.6 Million - Yahoo News


Strawberry Fields REIT Issues New Bond Series B for $65.6 Million - Marketwatch


Strawberry Fields REIT Issues New Bond Series B for $65.6 Million - Morningstar


BEHIND THE DEAL: Out-of-town REIT buys one of Louisville's largest care facilities


Skilled Nursing Transactions: Strawberry Fields Picks Up Louisville SNF - Skilled Nursing News


Strawberry Fields REIT Acquires 252-Bed Skilled Nursing Facility in Louisville for $21.8M - RE Business Online


Nursing Facility in Kentucky Acquired - McKinght's


REIT refinances 3 SNFs - McKnight's


Strawberry Fields Refinances TN Skilled Nursing Facilities - Multi Housing News


Strawberry Fields REIT Refinances Three Skilled Nursing Facilities in Tennessee - News Funnel


Strawberry Fields REIT Refinances Three Skilled Nursing Facilities in Tennessee - MultiFamilyBiz.com


REIT completes increase on debentures - McKnights


Strawberry Fields Increase on Series A Unsecured Debentures - PR Buzz


Waters of Scottsburg - Senior Housing News


Waters of Scottsburg - Middle Market Digest


Waters of Scottsburg - Connect Media


Waters of Scottsburg - REBusiness.com