Strawberry Fields REIT reports FY24 EPS 57c vs. 39c last year

Reports revenue $117.1M vs. $99.8M last year. 100% of contractual rents collected. Moishe Gubin, Chairman & CEO noted: “I am excited to be reporting another strong year for Strawberry Fields REIT (STRW). The Company continued to collect 100% of its contractual rents. The Company also extended its two Indiana Master Leases which now provides contractual rents into 2034. In 2024 the Company acquired 15 facilities for $130.3 million. Through these acquisitions the Company entered into a new state, Missouri, and continued to grow its non-affiliated tenant base. 2025 has been off to a great start with the acquisition of 6 facilities in Kansas for $24 million. The deal flow remains strong and we look forward to continuing to growing the Company’s presence in existing and new states utilizing our disciplined approach.”