- Strawberry Fields REIT, Inc., a self-administered real estate investment trust, posted its AFFO for Q2 2025 at $18.4 million, up from $14.3 million during the same period in 2024
- From 33 Skilled Nursing Facilities (“SNF”) in 2015, the Company has grown its portfolio to 142 healthcare facilities, totaling over 15,500 licensed beds across 10 states in the U.S.
- Founder, CEO, and Chairman, Moishe Gubin, built Strawberry Fields with an operator point of view, while focusing on the real estate side of things
- By combining a unique knowledge of the healthcare and real estate industries, the Company positioned itself to carve out a growing market share and assert its place as a leader in the industry
- The Company is set to announce its Q3 financial results on November 6 after the close of market and hold its quarterly earnings call on November 7
Strawberry Fields REIT (NYSE: AMERICAN: STRW) (the “Company”), a self-administered real estate investment trust engaged in the ownership, acquisition, and leasing of skilled nursing and specific other healthcare-related properties, posted $18.4 million in Adjusted Funds From Operations (“AFFO”) for Q2 2025, a significant growth from $14.3 million during the same period in 2024. While announcing the milestone, the Company’s Chairman and CEO, Moishe Gubin, lauded the benefits of its master lease structure and acknowledged the Company’s strongest quarter since its founding.
“I am pleased to be reporting a very strong second quarter. Our earnings are the strongest they have been since the Company was founded 10 years ago,” he noted.
Strawberry Fields has experienced consistent growth since its founding. This growth can be attributed mainly to its management, led by Moishe Gubin, the Chairman, CEO, and Founder, along with Jefferey Bajtner, the Chief Investment Officer, and Greg Flamion, the Chief Financial Officer. Today, the Company directly impacts tens of thousands of lives across the United States.
Beginning in 2003, Gubin and his operating partner, Michael Blisko, the CEO of Infinity Health Care Management, set out to acquire and operate Skilled Nursing Facility (“SNF”) properties. Between 2003 and 2014, they grew the portfolio to 33 facilities in Illinois and Indiana. In 2015, Gubin founded Strawberry Fields with the bold ambition to aggressively expand across the United States.
“We spun off Strawberry Fields REIT in 2015 with 33 facilities, in Indiana and Illinois. Our goal at the time was to diversify operators and locations,” Gubin noted (https://ibn.fm/02tj8).
By combining a unique knowledge of the healthcare and real estate industries, the Company, under the leadership of Gubin, was well positioned to carve out market share. To this day, it targets high-quality healthcare operating companies in the Skilled Nursing and Acute sectors and has built a thriving network of carefully selected facilities. In addition, its deep ties with industry leaders position Strawberry Fields strategically to partner with future-focused operators, a factor that sets it apart from other players.
Since 2015, the focus has been strictly on the real estate side, acquiring and leasing, while letting others handle operations. Yet, having worked in the industry, Mr. Gubin understood what went into the business, what to watch out for, and what he could do differently to stand out from the rest of the market players.
“Since I actually worked at the original nursing homes, I started this Company with an operator point of view. The Company evaluates deals as if we were going to be operating it: what deal would we make, how would we buy, what kind of services would we provide? Then we find a tenant that has a similar point of view,” he added (https://ibn.fm/eSl2V).
The Company now holds long-term leasehold interests in 142 healthcare facilities, totaling over 15,500 licensed beds across ten states in the United States. In addition, given its due diligence and pragmatism in selecting tenants and partners for its projects, the Company has never missed a single rent payment over the past 10 years.
“We’ve collected 100% of our rents and haven’t written off a bad loan. I think our stock is perfect for a more conservative investment with a better yield,” Gubin noted (https://ibn.fm/eSl2V).
Going forward, Strawberry Fields is on an aggressive market expansion plan. Recently, the Company acquired nine SNFs in Missouri, totaling 686 beds for $59 million. It also acquired an 80-bed SNF in Oklahoma for $4.25 million and a 124-bed facility comprising 108 skilled nursing beds and 16 assisted living beds near Poplar Bluff, Missouri (https://ibn.fm/hAWOG). Gubin has noted that these expansions demonstrate the Company’s financial discipline and consistency, while also offering a glimpse into its future.
The Company is set to release its Q3 2025 financial results on November 6 after the close of market, with experts optimistic about the Company maintaining its disciplined investment strategy following Q2 performance. On November 7, 2025, at 11:00 a.m. Eastern Time, the Company’s management team will be holding its quarterly conference call/webcast to discuss the 2025 third quarter results and invites current and prospective investors to join. A live webcast of the conference call can also be accessed, on a listen-only basis, using this link (https://ibn.fm/Iizh9).
For Company information, visit the Company’s website at www.StrawberryFieldsREIT.com.
NOTE TO INVESTORS: The latest news and updates relating to STRW are available in the Company’s newsroom at https://ibn.fm/STRW
