Strawberry Fields REIT Inc. (NYSE AMERICAN: STRW), a real estate investment trust specializing in skilled nursing and healthcare properties, was featured on a recent episode of the Bell2Bell Podcast. CEO Moishe Gubin discussed the company's decade of growth, emphasizing its disciplined financial strategy and commitment to addressing the needs of America's aging population.
Gubin noted that Strawberry Fields distributes only 45–50% of its adjusted funds from operations (AFFO), reinvesting the remainder into property acquisitions. This approach has resulted in consistent 11% annual growth in AFFO per share. The company's portfolio, which spans 10 states, includes 142 healthcare facilities with over 15,500 beds, comprising 130 skilled nursing facilities, 10 assisted living facilities, and two long-term acute care hospitals. Gubin highlighted a track record of 100% rent collection across the portfolio.
The CEO underscored the strategic approach to property evaluation and management, positioning Strawberry Fields for continued growth and operational success. The company's focus on acquiring and leasing skilled nursing, assisted living, and hospital facilities aligns with the increasing demand for healthcare services as the U.S. population ages.
Strawberry Fields REIT is a self-administered REIT engaged in the ownership, acquisition, development, and leasing of skilled nursing and other healthcare-related properties. Its facilities are located in Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee, and Texas. The company's disciplined financial strategy and consistent performance underscore its resilience in the healthcare real estate sector.
For more information about Strawberry Fields REIT, visit the company's newsroom.
