Strawberry Fields REIT LLC STRW
Strawberry Fields REIT, Inc., is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 143 healthcare facilities with an aggregate of 15,600+ beds, located throughout the states of Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. The 143 healthcare facilities comprise 131 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-08) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-16 | 2026-06-16 | 2026-06-30 | 2026-05-07 | $0.17 | Quarterly |
| 2026-03-17 | 2026-03-17 | 2026-03-31 | 2026-02-26 | $0.16 | Quarterly |
| 2025-12-16 | 2025-12-16 | 2025-12-30 | 2025-11-06 | $0.16 | Quarterly |
| 2025-09-16 | 2025-09-16 | 2025-09-30 | 2025-08-07 | $0.16 | Quarterly |
| 2025-06-16 | 2025-06-16 | 2025-06-30 | 2025-05-08 | $0.14 | Quarterly |
| 2025-03-17 | 2025-03-17 | 2025-03-31 | 2025-02-21 | $0.14 | Quarterly |
| 2024-12-16 | 2024-12-16 | 2024-12-30 | 2024-11-07 | $0.14 | Quarterly |
| 2024-09-16 | 2024-09-16 | 2024-09-30 | 2024-08-08 | $0.13 | Quarterly |
| 2024-06-17 | 2024-06-17 | 2024-06-28 | 2024-05-08 | $0.13 | Quarterly |
| 2024-03-20 | 2024-03-21 | 2024-03-28 | 2024-03-08 | $0.12 | Quarterly |
| 2023-12-14 | 2023-12-15 | 2023-12-29 | 2023-11-14 | $0.12 | Quarterly |
| 2023-09-14 | 2023-09-15 | 2023-09-29 | 2023-08-10 | $0.11 | Quarterly |
| 2023-06-15 | 2023-06-16 | 2023-06-30 | 2023-05-15 | $0.11 | Quarterly |
| 2023-03-17 | 2023-03-20 | 2023-03-31 | 2023-03-06 | $0.11 | Quarterly |
| 2022-12-01 | 2022-12-02 | 2022-12-20 | 2022-11-22 | $0.10 | Quarterly |
Coverage (payout of operating cash flow): 9.59%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $155.00M | $7.58M | $46.25M | $130.51M | $90.04M |
| 2024 | $117.06M | $4.09M | $34.19M | $94.34M | $59.33M |
| 2023 | $99.81M | $2.50M | $29.53M | $75.20M | $54.94M |
| 2022 | $92.54M | $1.85M | $28.79M | $66.42M | $50.93M |
| 2021 | $87.03M | $5.34M | $27.77M | $57.56M | $44.79M |
| 2020 | $84.09M | $11.89M | $26.92M | $62.57M | $37.34M |
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.