Strategic Student & Senior Housing Trust Q2 NOI up $0.2M, senior occupancy 91%

Strategic Student & Senior Housing Trust, Inc.

Senior living occupancy rose to 91% (June 30) from 90% (March 31); student housing averaged ~97%.
Property revenues +$0.7M, expenses +$0.5M, NOI +$0.2M vs Q2 2022.
YOUnion@Fayetteville 100% pre-leased for AY 23-24 with rents up ~14% YoY.
Two loans mature in 2024: bridge loan April 2024, first mortgage July 2024; evaluating sales, JV, refinance.
Combined senior occupancy at 94% as of Aug 2, 2023.

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