secwatch.observer — SEC 8-K summary
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Issuer:     Strategic Student & Senior Housing Trust, Inc. (STSR)
CIK:        0001698538
Form:       8-K
Filed at:   2022-01-11T23:59:59+00:00
Accession:  0000950170-22-000240
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strategic Student & Senior Housing sells Tallahassee property for $50M cash
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- Sold YOUnion@Tallahassee to a Blackstone affiliate for $50M cash, less closing costs.
- Net proceeds will primarily repay KeyBank Bridge Loans.
- Property purchased in Q3 2017 for $47.5M; gain of ~$2.5M before costs.
- Average occupancy of 98% over hold period; 98% pre-leased for 2022-2023.
- Sale marketed by Raymond James and facilitated by SmartStop Asset Management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698538/000095017022000240/0000950170-22-000240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698538/000095017022000240/none-20220111.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-000240

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