Curated News
By: NewsRamp Editorial Staff
November 06, 2026

Strawberry Fields REIT Q3 AFFO Rises, Net Loss on FX Charge

Original Source

TLDR

  • Strawberry Fields REIT posted Q3 2026 AFFO of $18.8 million and 100% rent collection, signaling steady growth for investors.
  • Strawberry Fields REIT grew AFFO through rent collection and acquisitions, despite a $24.6 million foreign currency loss from bond retirements.
  • Strawberry Fields REIT expands healthcare facilities, improving access to skilled nursing and assisted living for communities across ten states.
  • Strawberry Fields REIT acquired a hospital campus and plans a 99-bed Indiana facility, expanding its 145-facility healthcare portfolio.

Impact - Why it Matters

Strawberry Fields REIT's third-quarter results highlight the resilience of its core rental income and AFFO growth, even as a foreign currency transaction loss pushed the company to a net loss. For investors, the 100% rent collection and continued acquisition activity—including the Kansas City hospital campus and pending Indiana skilled nursing facility—signal management's commitment to expanding its healthcare real estate portfolio. The company's ability to grow AFFO year-over-year and maintain its acquisition target of $100 million to $150 million demonstrates operational stability amid balance-sheet adjustments. This news matters because it provides insight into the financial health and growth strategy of a key player in the skilled nursing and healthcare REIT sector, which is increasingly relevant as aging populations drive demand for these facilities. Investors and industry watchers should note the company's focus on acquisitions and its strong rent collection, which are critical indicators of long-term value in the REIT space.

Summary

Strawberry Fields REIT (NYSE AMERICAN: STRW) reported mixed third-quarter 2026 results, with adjusted funds from operations (AFFO) rising to $18.8 million, or $0.34 per share, from $18.1 million, or $0.33 per share, in the prior-year period. Rental income totaled $40 million, compared with $39.7 million a year earlier, and the company collected 100% of contractual rents. However, funds from operations (FFO) turned negative at $3.6 million, compared with positive $20.7 million in the prior-year quarter, and the company reported a net loss of $14.8 million versus net income of $8.9 million. The loss primarily reflected a $24.6 million foreign currency transaction loss associated with bond retirements.

During the quarter, Strawberry Fields completed a $10.4 million acquisition of a hospital campus near Kansas City, Missouri, and subsequently entered into an agreement to acquire a 99-bed skilled nursing facility in Indiana for $15 million, with closing expected before year-end. For the first nine months of 2026, AFFO increased to $55.9 million from $53.4 million in the comparable 2025 period. The company continues to pursue its 2026 acquisition target of $100 million to $150 million. To view the full press release, visit https://ibn.fm/WPgae.

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. Its portfolio includes 145 healthcare facilities with an aggregate of 15,600+ beds, located throughout Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. The 145 healthcare facilities comprise 131 skilled nursing facilities, 10 assisted living facilities, three hospitals, and a medical office building. The latest news and updates relating to STRW are available in the company’s newsroom at https://ibn.fm/STRW. The release is distributed by MissionIR, a specialized communications platform focused on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution via IBN, and a full array of tailored corporate communications solutions. For more information, please visit www.MissionIR.com.

Source Statement

This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, Strawberry Fields REIT Q3 AFFO Rises, Net Loss on FX Charge

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