Strawberry Fields REIT (NYSE American: STRW) is the skilled nursing specialist: a founder-led portfolio of skilled nursing and long-term care facilities across the Midwest and South, net-leased to regional operators, growing acquisition by acquisition in the sector’s least glamorous corner.
| Strawberry Fields REIT (STRW) Snapshot | |
|---|---|
| Share Price (delayed) | $13.61 +0.81% |
| Market Cap | $181M |
| Annualized Dividend | $0.65 (Quarterly) |
| Dividend Yield | 4.81% |
| Sector | Healthcare ยท Skilled Nursing |
Market data updates automatically several times daily. Last price refresh: Jul 14, 2026.
Business Model
Skilled nursing real estate trades at double-digit yields because operators live on Medicaid and Medicare rates, and Strawberry Fields underwrites that reality with master leases, strong rent coverage requirements, and insider ownership that keeps management’s money where shareholders’ is. Demographics guarantee demand; reimbursement policy sets profitability.
The Honest Risk Section
Operator margin is government policy in disguise: a bad Medicaid rate cycle or staffing mandate flows straight to tenant health. Concentration among regional operators, thin trading float, and a short public record all cap position sizing. High yield with the risks fully attached.
Frequently Asked Questions
What does Strawberry Fields own?
Skilled nursing and long-term care facilities across the Midwest and South, net-leased to regional operators under master lease structures.
What is the main risk in skilled nursing REITs?
Reimbursement policy: operator profitability depends on Medicaid and Medicare rates and staffing regulation, which flow directly into rent coverage.
Analysis reflects disclosures through Q1 2026. Live market data updates automatically. Independent research, not investment advice.