Strawberry Fields REIT (STRW) said Monday it completed Jan. 2 the acquisition of six healthcare facilities in Kansas, consisting of 354 licensed beds, for $24 million.
The facilities are leased under a master lease agreement to a group of third-party tenants, with initial annual rents of $2.4 million on a triple net basis.
The company said it also completed the acquisition of a 100-bed skilled nursing facility in Oklahoma for $5 million on Dec. 31. Under the lease, the tenants' initial annual rents are $500,000 on a triple net basis.
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