Strategic Student & Senior Housing Trust secures $34.5M refinancing loan from JPMorgan Chase

Strategic Student & Senior Housing Trust, Inc.

New $34.5M mortgage loan replaces existing $29.5M loan and provides cash reserves for the company.
Interest rate is one-month SOFR plus 2.25%; all-in effective rate capped at 6.5% via interest rate cap.
Initial term is one year, maturing April 9, 2025, with two six-month extension options.
Loan is non-recourse; guaranteed by the company and Chairman H. Michael Schwartz.
Collateral is a 199-unit, 593-bed student housing property in Fayetteville, AR (YOUnion at Fayetteville).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.