The REIT plans 2026 acquisitions backed by a $300M credit facility expected to close in Q2, following full Q1 rent collections.
Strawberry Fields REIT (STRW) announced plans to pursue $100M-$150M in acquisitions for 2026, supported by a $300M corporate credit facility set to close in Q2. The move follows a strong Q1 performance, where the company collected 100% of its contractual rents.
Management highlighted the term sheet for the credit facility as a key step in expanding its portfolio. The REIT’s focus on acquisitions aligns with its strategy to capitalize on market opportunities, though no specific targets were disclosed.
The announcement comes amid stable operational performance, with no immediate market reaction reported. The credit facility is expected to provide liquidity for future growth initiatives.