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REIT buys 8 Missouri health care facilities

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Indiana-based Strawberry Fields REIT Inc. has closed on the purchase of eight Missouri health care facilities for $87.5 million.

The facilities, which are largely skilled nursing and assisted-living centers, are located in Kansas City, Salisbury, Florissant, Sedalia, Milan, Trenton, Moberly and St. Elizabeth.

Separately, real estate investment trust Strawberry Fields has reached a deal to buy six facilities in Kansas that operate under the Advena Living brand. The deal is valued at $24 million.

Read more from the Kansas City Business Journal.

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