Strawberry Fields REIT Inc., trading on the NYSE American under the symbol STRW, reported substantial financial growth for the third quarter of 2025 compared to the same period in 2024. The self-administered real estate investment trust, which specializes in healthcare-related properties, saw its total assets climb to $880 million, representing a 33.1% increase year-over-year. Chief Financial Officer Greg Flamion attributed this growth primarily to the company's effective lease acquisition and retention strategy.
The company's portfolio now includes more than 142 healthcare facilities across ten states, totaling over 15,500 beds. These facilities are leased to experienced third-party operators under long-term triple-net lease agreements, which typically require tenants to pay property taxes, insurance, and maintenance costs in addition to rent. This structure provides STRW with stable, predictable income streams while transferring most operational responsibilities to tenants.
During an earnings call covering the quarterly results, Chief Investment Officer Jeffrey Bajtner announced that the board of directors approved a $0.16 dividend per share, marking a 14% increase from previous quarters. Bajtner also noted that the company continues to see acquisition opportunities emerging from across the country, with STRW showing a preference for master lease structures. Currently, 89% of the company's facilities operate under master leases, which involve leasing multiple properties to a single tenant under one agreement.
The company's financial performance and strategic approach highlight the resilience of healthcare real estate as an investment category. As demographic trends point toward an aging population requiring increased healthcare services, properties that serve this sector have demonstrated stability even during economic uncertainty. STRW's focus on triple-net leases with healthcare operators provides investors with exposure to this growing market while minimizing operational risks typically associated with property management.
For investors seeking current information about the company, Strawberry Fields REIT maintains a newsroom at https://nnw.fm/STRW where updates are regularly posted. The company's recent financial results were detailed in an article available at https://nnw.fm/6G8nd, which provides additional context about the quarterly performance and strategic direction. The consistent growth pattern demonstrated by STRW suggests that healthcare-focused REITs may offer investors both income through dividends and potential appreciation through strategic property acquisitions in a sector with strong fundamental demand drivers.
