Strawberry Fields REIT, Inc. acquired Skilled Nursing Facility in Jackson, Kentucky for $4.3 million.
January 09, 2023
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Strawberry Fields REIT, Inc. (OTCPK:STRW) acquired Skilled Nursing Facility in Jackson, Kentucky on January 3, 2023. Upon purchase, the facility was added to the Landmark master lease.
Strawberry Fields REIT, Inc. (OTCPK:STRW) completed the acquisition of Skilled Nursing Facility in Jackson, Kentucky for $4.3 million on January 3, 2023. The purchase price was paid in cash. The annualized base rent of the property is $0.6 million.
Strawberry Fields REIT, Inc. is a self-administered real estate investment trust. The Company is engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Companyâs portfolio includes 107 healthcare facilities with an aggregate of 12,203 beds, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee, and Texas. The Companyâs 107 healthcare facilities comprise 97 skilled nursing facilities, eight assisted living facilities, and two long-term acute care hospitals. The Company's portfolio includes Infinity Healthcare of Illinois, BRIA Health Services, Infinity Healthcare of Indiana, Green Park Healthcare Management, Infinity Healthcare of Tennessee, The Blossoms at Arkansas, The Landmark Group and more.