Q2 2022 senior living occupancy up 270 bps to 88.7%; student property 100% pre-leased

Strategic Student & Senior Housing Trust, Inc.

Senior living occupancy increased 270 bps to 88.7% as of June 30, 2022.
YOUnion@Fayetteville averaged 95% occupancy in Q2; 100% pre-leased for academic year 22-23.
Excluding sold Tallahassee property, property revenues +$1.1M, operating expenses +$0.6M vs Q2 2021.
Company evaluating strategies and capital markets solutions to enhance stockholder value.
Anticipates distribution from Tallahassee sale gain paid in stock and cash.

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