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.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Strategic Student & Senior Housing Trust, Inc. terminated Fayetteville Sale Agreement with W-S 376 Watson Owner IX, L.P. (effective 2024-01-02).

Action: termination
Agreement: asset purchase
Counterparty: W-S 376 Watson Owner IX, L.P.
Effective: 2024-01-02

Exact text from the filing

On January 2, 2024, WSC, the managing member of the Buyer and on behalf of the Buyer, provided a termination notice to SAM terminating the Fayetteville Sale Agreement effective as of January 2, 2024.

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Strategic Student & Senior Housing Trust, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-002891

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