Strawberry Fields REIT reports Q1 FFO up 15% to $0.38/share, signs $300M credit facility

Filed May 8, 2026 · Period ending May 8, 2026 · ~1 min read

Key Changes

• high

  Q1 2026 FFO rose 15% to $20.9M ($0.38/share) from $18.3M ($0.33/share) in Q1 2025, with AFFO up 12% to $18.8M ($0.34/share). Rental income grew 7.1% to $40.0M, driven by Texas and Missouri master lease acquisitions.

  Exhibit 99.1 verify on EDGAR →
• high

  Signed term sheet for $300M Corporate Credit Facility (SOFR +2.75%) comprising $100M term loan and $200M revolver, both with 3-year terms plus two 1-year extensions. Proceeds will refinance secured debt and fund acquisitions; closing expected Q2 2026.

  Exhibit 99.1 verify on EDGAR →
• medium

  Contracted April 21, 2026 to acquire Kansas City hospital campus (60-bed hospital, 99-bed skilled nursing facility, medical offices) for $8.6M, funded from balance sheet. Property adds to existing Missouri master lease with $860K initial annual rent and 3% escalations.

  Exhibit 99.1 verify on EDGAR →