Strawberry Fields REIT, Inc. (NYSE AMERICAN: STRW) reported $18.4 million in Adjusted Funds From Operations for the second quarter of 2025, marking substantial growth from $14.3 million during the same period in 2024. This performance represents the company's strongest quarter since its founding, according to Chairman and CEO Moishe Gubin, who attributed the success to the company's master lease structure and strategic positioning in the healthcare real estate market.
The company's remarkable growth trajectory is evident in its portfolio expansion, having grown from 33 skilled nursing facilities in 2015 to 142 healthcare facilities currently operating across 10 states. This expansion now encompasses over 15,500 licensed beds, demonstrating the REIT's significant market penetration and operational scale in the healthcare real estate sector. The company's latest news and updates are available in its newsroom at https://ibn.fm/STRW.
Gubin's leadership approach, combining expertise in both healthcare operations and real estate management, has been instrumental in the company's success. His operator perspective while focusing on the real estate aspects has allowed Strawberry Fields to carve out an increasing market share and establish itself as an industry leader. This dual expertise has positioned the company to effectively navigate the complex healthcare real estate landscape while delivering consistent returns to investors.
The company has scheduled its third quarter financial results announcement for November 6, following market close, with a quarterly earnings call scheduled for November 7. These upcoming announcements will provide further insight into whether the company can maintain its current growth momentum and continue its expansion in the competitive healthcare real estate market.
This financial performance is particularly significant given the challenges facing the healthcare industry, including regulatory changes, staffing shortages, and evolving patient care models. Strawberry Fields' ability to achieve record AFFO during this period demonstrates the resilience of its business model and the effectiveness of its strategic approach to healthcare property management and leasing.
The company's growth from a modest portfolio to a substantial national presence highlights the ongoing consolidation and professionalization occurring within the healthcare real estate sector. As healthcare providers increasingly focus on their core medical operations, specialized REITs like Strawberry Fields are positioned to provide the real estate expertise and capital necessary for facility expansion and modernization.
Investors and industry observers will be closely watching the November 6 announcement to assess whether the company can sustain this growth trajectory and continue expanding its market leadership position in the healthcare real estate investment trust sector.
