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:   2024-03-18T23:59:59+00:00
Accession:  0000950170-24-032914
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strategic Student & Senior Housing Trust extends KeyBank bridge loan maturity to June 2025
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- Maturity extended from April 30, 2024 to June 30, 2025; extension fee of 0.55% of $25.6M balance paid.
- Outstanding balance as of March 13, 2024 is approx $25.6 million.
- Company pledged certain future financing proceeds as collateral via Pledge and Security Agreement.
- KeyBank released $0.9 million in interest reserves previously held as collateral.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698538/000095017024032914/0000950170-24-032914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698538/000095017024032914/sssht-20240313.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-032914

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