other material
confidence high
sentiment negative
materiality 0.65
Walton Street Capital terminates Fayetteville property sale agreement effective Jan 2, 2024
Strategic Student & Senior Housing Trust, Inc.
- WSC, as managing member of buyer, provided termination notice to SAM on January 2, 2024.
- Terminated agreement was for sale of student housing property in Fayetteville, Arkansas.
- Buyer is subsidiary of joint venture between Walton Street Capital and Strategic Asset Management.
- Sale will not proceed; property remains with Strategic Student & Senior Housing Trust.